Japan's Exports of Used Electric, Hybrid Vehicles Surging

Economy

Tokyo, Aug. 14 (Jiji Press)--Japan's exports of used electric and hybrid vehicles are surging on the back of strong demand for Japanese-made eco-friendly vehicles abroad partly reflecting growing awareness of environmental protection in emerging countries.

Meanwhile, the trend may pose a problem in terms of recycling in Japan as exports of these vehicles lead to outflows of high-performance batteries.

According to recent trade data from the Finance Ministry, exports of used electric vehicles in January-June more than doubled from a year before to 3,464 units, and used hybrid vehicle exports rose 36.4 pct to 79,501 units.

Major export destinations for used electric vehicles include New Zealand and Russia, while Sri Lanka and Mongolia are major importers of used hybrid vehicles.

In Japan, consumers pay recycling fees in advance when they purchase new vehicles, and reusable parts and metals are collected when they are scrapped. For example, batteries in electrified vehicles are recycled as rechargeable batteries, and rare metals are extracted and used again as well.

[Copyright The Jiji Press, Ltd.]

Jiji Press