Battery recycling: China's EV market's biggest unpriced risk

Just saw this Wired report covering the same issue: Chinese EV sales are continuing to explode, but a problem is starting to surface—battery recycling. I briefly mentioned this topic in my previous post about the Denza Z9S, saying back then that 'the Sharpe ratio of battery lifecycle needs recalculation.' Now looking at it, this problem arrived faster than I expected.