Home   |   Industry News
News background picture

Industry News

Used car industry four good opportunities

In the new energy vehicles, electric intelligent vehicles occupy an absolute proportion, and the resulting changes in the automobile industry chain directly promote the overflow of the original fuel vehicles and the gradual listing of new energy used cars. As an important part of the closed loop of the industry and vehicle re-trading promoters, second-hand car practitioners should carry out business layout as soon as possible.

By 2021, China's car ownership will reach 380 million, and the number of passenger cars will be about 300 million. Although there is no clear requirement for the scrapping time of non-operational passenger vehicles at present, non-operational passenger vehicles with a high proportion of passenger vehicles almost reach the conditions of scrapping or withdrawal after 10-12 years of normal use and are in a non-operational state. In the domestic traffic environment where the traffic state tends to be saturated, the demand for vehicle replacement has become the mainstream demand, and the entry and exit of vehicles into the market has become the norm of the future automotive industry. As a result, when the increment of new passenger cars remains between 20-25 million units, part of the vehicle crowding out effect flows to used car trading business, used car export business, used car scrapping business, and the replacement of fuel vehicles by new energy vehicles.

Contact Us

Contact: Snailtruck

Email: colin@snailtruck.com

Phone/Whatsapp: +86 18705477225

Add: No. 6, South Of Jiefang Road, Liangshan Economic Development Zone, Jining, Shandong, China