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End-of-life vehicle replacement platform officially launched by the Huanjiao Exchange
Release time:
19 May,2015
The O2O platform for vehicle replacement services, "Old Vehicle Replacement Service Platform," has officially launched on the Beijing Environmental Exchange, authorized by the Beijing Municipal Government. To meet the needs of car owners who want to replace their vehicles, the platform provides one-stop services including old vehicle scrapping, used car auctions, vehicle replacement, and subsidy application. It directly connects car owners with 4S stores and auto manufacturers. Car owners can not only directly obtain government subsidies for eliminating old motor vehicles through the platform, but also purchase vehicles at discounted prices and receive additional manufacturer purchase incentives.
It is reported that in the future, car owners can drive their old cars to the newly launched replacement platform and choose scrapping, used car auctions, and vehicle replacement services. For scrapped vehicles, the platform provides one-stop services for residual value application and subsidy application; for auctioned vehicles, the platform enables real-time inspection, auction, and immediate bidding from thousands of dealers. Data shows that before the launch of the platform, it has already distributed government subsidies to more than 800,000 owners of old vehicles and cooperated with more than 40 automakers and more than 400 dealers to sell new vehicles, covering more than 1,000 models, with a total of more than 200,000 new vehicles sold through the platform.
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