Baiyu Holdings launches business of dismantling of used cars in U.S.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2024
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Baiyu Holdings' New Venture: Baiyu Holdings has sent a professional team to the U.S. to engage in the dismantling of used cars and the sale of auto parts, tapping into a lucrative market.
Market Potential: The automotive dismantling and parts remanufacturing industry in the U.S. is valued in the hundreds of billions of USD, with 80% of aftermarket parts being remanufactured, indicating significant growth opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
