BAIYU Ventures into US Automotive Parts and Energy Storage Lithium Battery Related Businesses
SHENZHEN, China, Dec. 24, 2024 /PRNewswire/ — BAIYU Holdings, Inc. has dispatched a professional operating team to launch a business in the dismantling of used cars and the sales of auto parts in the United States. The market size of the automotive dismantling and parts remanufacturing industry in the United States reaches hundreds of billions of USD, presenting tremendous development potential. In the automotive aftermarket, 80% of the parts are remanufactured components, occupying a significant position in the market.
Previously, BAIYU Holdings Limited established BMYA NEW ENERGY TECHNOLOGY INC. This company primarily provides lithium iron phosphate batteries, lead-acid batteries, industrial valve-regulated batteries, automotive and electric vehicle batteries, energy storage batteries, and other related products and services. These are widely used in fields such as power and telecommunications, transportation and logistics, marine and automotive, aerospace, intelligent robots, electric tools, industrial energy storage and power generation, photovoltaic power generation, intelligent drones, electric vehicles, military equipment, and more. BMYA enjoys robust support from OEM/ODM manufacturers and boasts a comprehensive product supply chain. Additionally, it has formed strategic partnerships with multiple scientific research institutions.
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BAIYU Ventures into US Automotive Parts and Energy Storage Lithium Battery Related Businesses, source
