Group 1 - The implementation of the vehicle trade-in policy has led to a significant increase in the number of vehicles being scrapped, with 322.5 million applications for subsidies by May 11, 2025, and 103.5 million vehicles scrapped, accounting for nearly one-third of the total [2][3] - The number of scrapped vehicles reached 7.872 million in 2024, a year-on-year increase of 70.7%, with over 2.92 million vehicles scrapped and more than 3.7 million vehicles replaced, generating over 920 billion yuan in sales [3] - The current trend shows that many vehicles with low mileage and good condition are being scrapped due to the higher subsidies offered, raising concerns about the waste of still-valuable vehicles [4][5] Group 2 - Industry experts have differing opinions on the scrapping of relatively new vehicles, with some arguing that older vehicles are often outdated in design and energy efficiency, while others believe that vehicles around ten years old still have significant value and should not be scrapped prematurely [5][6] - The recycling industry for scrapped vehicles is still in its early stages, with many reusable parts being treated as waste, indicating a need for improved standards and practices in the dismantling process [6][7] - There is potential for exporting scrapped vehicles to markets with high demand, such as Southeast Asia and Africa, where older vehicles may still hold value, suggesting a need for policy optimization regarding the export of used vehicles [8]