Vehicle recycling industry flourishes in Yichang
2023-11-08 17:11:23
By Ma Yuhan, Yichang International Communication Studio
At the production line of Yichang City Development Group's Vehicle Dismantling Company, discarded vehicles are undergoing multiple processing steps before being broken down into separate parts.
Last year, the company achieved a production value of 50 million yuan by recycling 20,000 tonnes of scrap steel and 1,400 tonnes of non-ferrous metals.
With the economic development, vehicle reserves are seeing a rise in Yichang. Vehicle recycling has become a major social concern.
In 2019, the Chinese government implemented the "Management Measures for the Recycling of Junk Vehicles," which encourages the five major components of a motor vehicle－engine, steering system, transmission, axles and chassis, or frame to be remanufactured, thereby increasing the salvage value of vehicles.
Data shows that by 2030, the number of end-of-life vehicles in China will exceed 28 million, and the corresponding amount of renewable resources will reach 70 million tonnes.
With a vehicle population of approximately 1.5 million, Yichang City has worked to accelerate the development of a circular industrial chain for the recycling and dismantling of discarded vehicles.
At the production line of Yichang City Development Group's Vehicle Dismantling Company, discarded vehicles are undergoing multiple processing steps before being broken down into separate parts.
Last year, the company achieved a production value of 50 million yuan by recycling 20,000 tonnes of scrap steel and 1,400 tonnes of non-ferrous metals.
With the economic development, vehicle reserves are seeing a rise in Yichang. Vehicle recycling has become a major social concern.
In 2019, the Chinese government implemented the "Management Measures for the Recycling of Junk Vehicles," which encourages the five major components of a motor vehicle－engine, steering system, transmission, axles and chassis, or frame to be remanufactured, thereby increasing the salvage value of vehicles.
Data shows that by 2030, the number of end-of-life vehicles in China will exceed 28 million, and the corresponding amount of renewable resources will reach 70 million tonnes.
With a vehicle population of approximately 1.5 million, Yichang City has worked to accelerate the development of a circular industrial chain for the recycling and dismantling of discarded vehicles.
