Core Insights - The Ministry of Ecology and Environment reported a rapid increase in the standardized recycling and processing of end-of-life vehicles, with over 1,900 qualified recycling enterprises in China and an expected recovery of 8.46 million vehicles in 2024, representing a 64% year-on-year growth [1][2] Group 1: Regulatory and Financial Support - The government has ensured the standardized dismantling of waste electrical and electronic products through financial support, with over 90 enterprises receiving subsidies, leading to an annual standardized dismantling capacity of approximately 180 million units [2] - In 2024, around 95 million units of waste electrical and electronic products are expected to be dismantled, producing nearly 2 million tons of recycled resources [2] Group 2: New Equipment Recycling Capabilities - The recycling capabilities for "new three types" of retired equipment, including waste photovoltaic components, wind turbine blades, and spent batteries, have improved significantly, with waste photovoltaic components and wind turbine blades having recycling capacities of approximately 2 million tons and 1 million tons, respectively [3] - The total recycling capacity for spent batteries among 148 qualified enterprises reaches 2.5 million tons, indicating that the recycling capacity often exceeds the actual retired volume [3] Group 3: Future Regulatory Measures - The Ministry of Ecology and Environment plans to enhance environmental supervision and promote standardized recycling and dismantling of end-of-life products, including the revision of pollution control technical specifications for various waste products [4] - Continuous enforcement against illegal dismantling practices will be prioritized, with a focus on integrating more retired equipment into legitimate recycling channels [4]