China used cars export increasing, but shipping holding them back
August 26, 2022 CONSULTANCY
In 2019, since China started second-hand car export, the quantity of second-hand car export has increased year by year. According to the China Automobile Dealers Association, China exported 15,000 used cars in 2021. In the first half of this year, China has exported more than 16,000 used cars.
An important factor in promoting the second-hand car export is the increase of the second-hand new energy vehicle export. In Taizhou, Zhejiang province, for example, new energy vehicles account for 90 percent of all exported used cars. However, the battery of the new energy vehicle belongs to the dangerous goods, which makes the export of the new energy vehicle has encountered problem.
Because new energy vehicles have higher environmental requirements for transportation, they can not be transported through containers, some PCTC companies refuse to carry new energy used cars, which brings great difficulties to their export transportation.
At present, our second-hand car mainly exported to Eastern Europe, Middle East, Latin America and other areas of some developing countries. Exporters told that they would pay more to transport to Eastern Europe by road.
Source: https://www.xindemarinenews.com/m/view.php?aid=41304