scrap vehicle disposal
Automobile Industry Analysis

Number of Scrap Vehicles in China Exceeded 7 Million by 2020

The Chinese government provides that a vehicle should be sent to a qualified enterprise for dismantling and scrapping when it runs for 600,000 kilometers. And scrap vehicles’ engines, steering gear, transmission, front and rear axles and frame are forbidden to be sold illegally and should be recycled as scrap metal. The vehicle owner can get the residual value of the recycled scrap metal. However, this provision is poorly enforced. According to CRI analysis, vehicle consumption becomes increasingly popular in China with the development of economy and increase of income. China…

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Automobile radiator
Automobile Industry Analysis

China Exported 23.9 Million Automotive Radiators in 2019

Automobile radiator is one of the most important components within the engine cooling system. The performance of a radiator has a direct influence on heat dissipation, dynamic property, economic efficiency, reliability, and even normal operation and driving safety. Increased production volume and penetration of automobiles across the world lead to growing demand of whole-vehicle manufacturing and aftermarket for automobile radiators. According to CRI analysis, with economic globalization and fierce competition in the industry, global automobile industry experienced a significant change in the past decades. For automobile radiator manufacturers in China,…

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Automobile Consumer Goods & Services Industry Analysis

Analysis on Scrap Vehicle Recycling Market in 2019

Automobile consumption has become a hot spot on the market since 2018 when the sales volume of automobiles in China declined for the first time over the past 28 years. The production and sales data in Jan. 2019 was also depressing. According to the China Association of Automobile Manufacturers, the sales volume of automobiles in Jan. 2019 was 2,367,300 units, decreasing by 15.76% YOY. In particular, the sales volume of passenger vehicles decreased by 17.70% Research Report on China’s Scrap Vehicle Recycling Industry, 2018-2022 The replacement of automobiles will inevitably…

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Automobile Industry Analysis

Analysis on Three Trends of China’s New Energy Vehicle Market in 2018

Statistics show that the sales volume of new energy passenger vehicles in China was 993,000 units in 2018, increasing by 90.40% YOY. The wholesale and retail volume of new energy passenger vehicles exceeded 1 million units, and the sales volume of new energy vehicles including new energy commercial vehicles reached 1.2 million units at a high growth rate, which laid a milestone in the development of China’s automotive industry.  (1) Battery electric vehicles saw a slowdown in growth and a decrease in market share. In 2015, the sales volume of…

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Automobile Energy & Chemicals Industry Analysis

Overview of China Lithium Battery Cathode Material Industry

China’s lithium battery industry has a history of over two decades. Around 2010, China completed the localization of cathode materials, anode materials, electrolytes, copper coil, separators and other core raw materials for lithium batteries. Some end products has also been basically localized. China is not only the biggest consumer of lithium-ion batteries in the world but also has the most concentrated industrial chain and largest production volume of lithium-ion batteries. Research Report on China’s Li-ion Power Battery Industry, 2018-2022 The global market of lithium battery cathode materials presents a landscape…

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Automobile Industry Analysis Manufacturing

Automotive IC Market Predicated to Grow at 18.5% in 2018

Considering system monitoring and control, safety, ADAS, convenience and the growth of autonomous driving, in 2018, the IC market is expected to grow at a rate of 18.5%. Related report: https://www.cri-report.com/telecoms-computing-semiconductor-pcb/781-2875-research-report-on-china-integrated-circuit-industry-2018-2022.html Consumer demand and government requirements for electronic systems lift up vehicle performance and increase comfort and convenience. Giving warning, identifying problems and taking corrective actions will keep drivers safe and alert. The growth of systems and the increase in the price of memory components are expected to increase the auto IC market by 18.5% this year, which will hit…

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