Since the State Council issued the Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Exchange, various regions have successively introduced subsidy programs for car exchange, and major car companies have also increased their promotional efforts. Recently, the reporter conducted research in Anhui, Guangdong, Beijing and other places and found that the consumption of car updates has reached a small peak, and the amount of scrapped car recycling has also increased significantly. According to relevant institutions, the recycling of automobiles is expected to exceed 7 million units this year, and the recycling and dismantling industry is moving towards a market size of billions. "I scrapped one of my old cars and bought a new energy vehicle with a subsidy of 10000 yuan, and the car price was also discounted by nearly 10000 yuan," said Liu Jihua, a resident of Jingdezhen, Jiangxi. Liu Jihua is one of the many benefiting consumers. Since March this year, various regions have successively introduced consumer subsidy programs for replacing old cars with new ones. Guangzhou has mobilized all automobile manufacturers and dealers in the city to offer discounts and benefits on car purchases; Shanghai guides and supports automobile manufacturers to actively participate in automobile renewal consumption actions on the production side, and vigorously develops second-hand car distribution business on the sales side; Hunan Province and cities jointly carry out the "Hui Gou Xiang Che" activity, guiding charging station infrastructure operation enterprises to appropriately reduce charging service fees... According to Cui Dongshu, Secretary General of the National Passenger Car Market Information Joint Conference, the replacement cycle for individual consumers is generally about 10 years. The introduction of the policy of exchanging old for new has to some extent compressed the replacement cycle for consumers. Due to the higher subsidy level for new energy vehicles compared to gasoline vehicles, new energy vehicles will benefit more. As of now, the Ministry of Finance has issued a central government pre allocation of 6.44 billion yuan for subsidies for scrapping and updating automobiles to various regions. Various regions have also strengthened financial support, with approximately 9 billion yuan allocated to support the exchange of old cars for new ones. In order to facilitate consumers in applying for subsidies for scrapped and updated cars, the Ministry of Commerce has developed and constructed an information platform for exchanging old cars for new ones, which enables subsidy applications to be submitted and reviewed online in one go, and the public can check the review progress in real time. The policy of exchanging old for new stimulates the consumption vitality of the automotive market. According to data released by the China Association of Automobile Manufacturers, from January to May, China's automobile production and sales increased by 6.5% and 8.3% year-on-year, respectively. Among them, the sales of new energy vehicles increased by 32.5% year-on-year, accounting for 33.9% of new car sales. The recycling volume of scrapped cars has increased by nearly 20%, giving rise to new online trading formats. Journalists have found through investigations in multiple regions that after the introduction of the policy of exchanging old for new, the scrapped car recycling market has rebounded, promoting the automotive recycling and dismantling industry to reach a market size of hundreds of billions. In the parking lot of Hefei Wanzhong Scrap Automobile Recycling Co., Ltd., rows of scrapped vehicles are placed. Each scrapped car has its own "ID card" code, which can be scanned to view relevant information. "After a car enters the scrapping process, the factory first performs harmless pre-treatment, then subdivides and disassembles it, and evaluates whether the parts can be used as resources according to relevant standards." Wu Wei, General Manager of Anhui Central Scrap Car Recycling Company, told reporters. The reporter saw on site that construction forklifts were gradually transporting vehicles that had completed the scrapping process to the harmless pre-treatment workshop; The workers dismantled the vehicle, removing some components such as the car door, wheel hub, battery, and three-way catalytic converter... A car was dismantled to the point of only having a white body, which was compressed into a steel plate by a packaging machine. "The regulatory authorities and local governments have introduced relevant subsidy measures to further accelerate the development of the industry." Wu Wei introduced that since March, the company's scrap and recycling volume has increased by 17% compared to the same period last year, and it is expected to approach 5000 vehicles this year. According to data from the Ministry of Public Security, as of the end of May this year, the number of automobiles in China has reached 340 million. According to data from the Ministry of Commerce, from January to May this year, 2.2 million scrapped cars were recycled, a year-on-year increase of 19.4%, with a year-on-year increase of 55.6% in May. Policy driven growth has also led to new formats such as online transaction platforms for car recycling. For example, the Internet car collection service platform "Aite Elephant" connects car owners and qualified enterprises through digital models such as the Internet, apps, and small programs, and collects cars at the door with one click. It is committed to solving the dilemma between car owners' delivery and enterprises' collection. Zhang Ying, Chairman of the Automotive Recycling Industry Development Committee of the China Association for Asian Economic Development, stated that with the increasing demands of consumers for automotive quality and performance, as well as the rapid development of the new energy vehicle market, it is expected that the recycling scale will exceed 7 million vehicles this year, and the future scrapped vehicle recycling market will usher in greater development space. Standardizing dismantling to improve utilization efficiency and promote the quality and efficiency of recycling models. Journalists found through research that currently, most of the recycling of scrapped vehicles focuses on the scrapping process, with low resource utilization rates. There are also some "small workshops" that are not regulated and have non-standard dismantling production processes, which can easily bring environmental pollution and safety hazards. Industry insiders suggest that through policy guidance, standardized supervision, and other means, we can guide the improvement of the quality and efficiency of the scrapped vehicle recycling model, and transform it into a low-carbon and environmentally friendly model. As of the end of 2023, the number of scrapped motor vehicle recycling and dismantling enterprises in China exceeded 1500, and more than two-thirds of the enterprises have the ability to dismantle scrapped new energy vehicles. "Many scrapped car parts meet the conditions for recycling, and some parts can enter the remanufacturing system." Zhang Ying stated that a reasonable circulation system for recycled and remanufactured parts can be formed by combining the matching and adaptability of components, and comprehensively developing the automotive recycling industry chain. In recent years, with the booming development of new energy vehicles, the recycling and reuse of power batteries carried by cars has become a new growth point in the automotive recycling industry. "The service life of power batteries is approximately 5 to 8 years, and China will gradually enter the retirement period of power batteries." According to Song Changqing, a second level inspector of the Resource Conservation and Environmental Protection Department of the National Development and Reform Commission, as of the end of 2023, the number of new energy vehicles in China has exceeded 20 million, and the current weight of power batteries in service is about 9 million tons. According to industry insiders, China implements a whitelist enterprise system for power battery recycling. When the power battery is retired, there is still remaining energy storage capacity, which can be used in stages after standardized treatment. In addition, high-value metals such as nickel, cobalt, and lithium can be recycled and reprocessed into positive electrode materials. However, due to profit driven factors, there are still "small workshop" style recycling enterprises on the market, which lack financial investment in packaging, transportation, warehousing, and subsequent disposal processes such as cascading utilization and pulverization. Manual operations in rudimentary factories can easily cause environmental pollution; Disassembling, picking, and assembling other batteries of different specifications also poses safety risks. Industry insiders suggest that private car owners or units must bring their batteries for scrapping when scrapping new energy vehicles (except for vehicle electric separation models); Incorporate vehicle power battery recycling and disposal enterprises into qualification management, and supervise strict implementation; Through the battery passport, comprehensive and accurate traceability management of power batteries is carried out, achieving traceability of the source and destination of retired batteries. "The key is to promote the establishment of a long-term mechanism for collaborative management." Zhu Yifang, Director of the Industrial Policy Research Department of the China Automotive Strategy and Policy Research Center at the China Automotive Center, said that a list of regulatory and law enforcement responsibilities for the recycling and dismantling of scrapped motor vehicles should be formulated, and the law enforcement matters of relevant functional departments should be clarified one by one. Contact and coordination should be strengthened to ensure that responsibilities are implemented in detail. (Lai Xin She)