Circular Economy Trend Brings Policy Support for Remanufactured Parts
Category: Company News
Against the backdrop of "Dual Carbon" goals, the circular economy model in the automotive industry is gaining increasing attention. Remanufactured parts—components restored to like-new or better performance and quality through professional repair of used parts—are moving from the fringe to the mainstream.
Recently, relevant national authorities jointly issued the "Interim Measures for the Administration of the Remanufacturing of Automotive Parts," clarifying access conditions and management standards for remanufacturing enterprises and encouraging the use of remanufactured products in the after-sales maintenance sector. Core components like engines, transmissions, generators, and starters are key areas for remanufacturing.
For the parts industry, this opens up a vast blue ocean market. Professional remanufacturers like Cummins ReCon and Saxum use advanced cleaning, inspection, repair, and testing processes to give old parts a "new lease on life." This not only provides consumers with cost-effective options but also significantly reduces raw material consumption and waste generation, representing a crucial path towards the sustainable development of the automotive industry. With growing consumer awareness and continued policy support, the remanufactured parts market is poised for rapid growth.
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Guangzhou Xinkangrui Electronic Technology Co., Ltd.
No. 17, Building 7, Changmatou Auto Parts City, Qiaokou District, Wuhan City, Hubei Province
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