Used Heavy- Duty Vehicles and the Environment: A Global Overview of Used Heavy-Duty Vehicles: Flow, Scale and Regulation

Used Heavy- Duty Vehicles and the Environment: A Global Overview of Used Heavy-Duty Vehicles: Flow, Scale and Regulation This Used Heavy- Duty Vehicles and the Environment: A Global Overview of Used Heavy-Duty Vehicles: Flow, Scale and Regulation report analyses the flow and scale of used heavy-duty vehicles (HDVs) from three major used HDVs exporters – Japan, the European Union (EU) and Republic of Korea (ROK). It also reviews the regulatory environment for used HDVs import in 146 countries, 122 of which are low- and middle- income countries (LMICs). The major exporters of HDVs (used & new) are the EU, Japan, Republic of Korea (ROK), Mexico, the US, and China. However, while China manufactures 67% of global HDVs, its share of used HDV exports was only 8% in 2020. This is changing rapidly as the policy to expand used vehicles exports is being implemented and from 2022 more than 30 cities in China have been approved to export used vehicles globally. The EU on the other hand exported about 46% of used HDVs (2020) while contributing to about 6% of global HDVs manufacturing. Thus, while the worldwide HDV manufacturing market shifted from Western Europe and North America to emerging economies in the last two decades, used HDVs exporters are primarily high-income economies. [email protected] Wed, 02/14/2024 - 16:07