标准先行、搭台唱戏，机动车拍卖走上特色快车道

Core Insights - The Chinese motor vehicle auction industry has achieved record-breaking performance, with approximately 1.25 million vehicles auctioned and a transaction value nearing 50 billion yuan in 2024, marking the seventh consecutive year of historical highs [2][3] - The industry is experiencing significant growth due to policy benefits, increasing consumer demand for efficient and transparent transaction methods, and advancements in technology such as big data and artificial intelligence [2][3][5] Market Performance - The auction transaction volume increased from 478,500 vehicles in 2021 to 1,235,200 vehicles in 2024, representing a growth of 158% [3] - The transaction value rose from 23 billion yuan to 49.36 billion yuan during the same period, reflecting a growth of 115% [3] - In 2024, the auction volume and value grew by 75.83% and 55.21% respectively compared to the previous year, with both metrics maintaining over 40% growth in the first nine months of the year [3] Industry Characteristics - The auction market in China is still in its early stages compared to developed countries, with only 5%-10% of used car transactions conducted through auctions, compared to 35%-40% in the U.S. and 60%-70% in Japan [5] - The market is witnessing a shift towards the auctioning of electric vehicles, with a notable increase in the auction demand for used electric vehicles and old power batteries [5][8] - The establishment of standards and regulations is crucial for the industry's sustainable development, as highlighted by the introduction of national standards for auction terminology and electric vehicle assessment [7][8] Technological Advancements - The integration of technologies such as AI and big data into the auction process is enhancing efficiency, reducing costs, and improving competitiveness within the industry [6][8] - The introduction of a standardized assessment system for electric vehicles aims to address the challenges of information asymmetry and improve market confidence in transactions [9] Future Outlook - The industry is expected to continue its high-quality development, focusing on marketization, specialization, standardization, technological advancement, and internationalization [6][10] - A new platform for used car export auctions is being established to create a standardized service system and facilitate international trade in used vehicles [10]