How to Improve the Recycling Rate and Value of Waste Plastics From Scrapped Cars?-
How to Improve the Recycling Rate and Value of Waste Plastics From Scrapped Cars?
2024-12-06
China is the world's largest automobile manufacturer and automobile market, and is currently experiencing an explosion of automobile scrapping.
According to data from the Ministry of Commerce of China, from January to August 2024, the national scrapped automobile recycling volume reached 4.213 million vehicles, a significant year-on-year increase of 42.4%. It is worth noting that since the "Implementation Rules for Subsidies for Auto Trade-in" were issued in April, the year-on-year growth rates of scrapped automobiles in May, June, July and August reached 55.6%, 72.9%, 93.7% and 73.8% respectively.