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BAIYU Ventures into U.S. Automotive Parts and Energy Storage Lithium Battery Related Businesses

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BAIYU Holdings has launched two significant business initiatives: a U.S.-based automotive dismantling and parts sales operation, and an energy storage solution through BMYA NEW ENERGY TECHNOLOGY. The company is targeting the U.S. automotive dismantling and parts remanufacturing industry, which has a market size of hundreds of billions of USD, with remanufactured components representing 80% of the automotive aftermarket. BMYA focuses on various battery technologies, including lithium iron phosphate and lead-acid batteries, serving diverse sectors from aerospace to electric vehicles. The company has established OEM/ODM partnerships and strategic relationships with research institutions.

BAIYU Holdings ha lanciato due iniziative commerciali significative: un'operazione di smontaggio automobilistico e vendita di parti negli Stati Uniti, e una soluzione di stoccaggio energetico tramite BMYA NEW ENERGY TECHNOLOGY. L'azienda si sta concentrando sull'industria di smontaggio automobilistico e rifabbricazione di parti negli Stati Uniti, che ha una dimensione di mercato di centinaia di miliardi di USD, con i componenti rifabbricati che rappresentano l'80% del mercato aftermarket automobilistico. BMYA si concentra su varie tecnologie delle batterie, incluse le batterie al fosfato di ferro litio e al piombo-acido, servendo settori diversi dall'aerospaziale ai veicoli elettrici. L'azienda ha stabilito partnership OEM/ODM e relazioni strategiche con istituzioni di ricerca.

BAIYU Holdings ha lanzado dos iniciativas comerciales importantes: una operación de desmantelamiento automotriz y venta de piezas con base en EE. UU., y una solución de almacenamiento de energía a través de BMYA NEW ENERGY TECHNOLOGY. La empresa está enfocando en la industria del desmantelamiento automotriz y la remanufactura de piezas en EE. UU., que tiene un tamaño de mercado de cientos de miles de millones de USD, con componentes remanufacturados que representan el 80% del mercado de piezas de automóviles. BMYA se centra en varias tecnologías de baterías, que incluyen baterías de fosfato de hierro de litio y baterías de plomo-ácido, sirviendo a diversos sectores desde la industria aeroespacial hasta los vehículos eléctricos. La empresa ha establecido asociaciones OEM/ODM y relaciones estratégicas con instituciones de investigación.

BAIYU Holdings는 두 가지 중요한 비즈니스 이니셔티브를 출범했습니다: 미국에 기반을 둔 자동차 분해 및 부품 판매 운영, 그리고 BMYA NEW ENERGY TECHNOLOGY를 통한 에너지 저장 솔루션입니다. 이 회사는 수백억 달러 규모의 시장을 가진 미국 자동차 분해 및 부품 재제조 산업에 주목하고 있으며, 재제조된 부품은 자동차 애프터마켓의 80%를 차지합니다. BMYA는 리튬 인산철 및 납산 배터리를 포함한 다양한 배터리 기술에 집중하고 있으며, 항공 우주에서 전기차에 이르기까지 다양한 분야에 서비스를 제공합니다. 이 회사는 OEM/ODM 파트너십 및 연구 기관과의 전략적 관계를 구축했습니다.

BAIYU Holdings a lancé deux initiatives commerciales significatives : une opération de démontage automobile et de vente de pièces basée aux États-Unis, et une solution de stockage d'énergie via BMYA NEW ENERGY TECHNOLOGY. L'entreprise cible l'industrie du démontage automobile et de la remanufacturation de pièces aux États-Unis, qui a une taille de marché de plusieurs centaines de milliards de dollars américains, les composants remanufacturés représentant 80 % du marché des pièces de rechange automobiles. BMYA se concentre sur diverses technologies de batteries, y compris les batteries au phosphate de fer lithium et les batteries au plomb-acide, servant divers secteurs allant de l'aérospatiale aux véhicules électriques. L'entreprise a établi des partenariats OEM/ODM et des relations stratégiques avec des institutions de recherche.

BAIYU Holdings hat zwei bedeutende Geschäftsinitiativen gestartet: einen in den USA ansässigen Automobilzerlegungs- und Teileverkaufsbetrieb sowie eine Energiespeicherlösung über BMYA NEW ENERGY TECHNOLOGY. Das Unternehmen zielt auf die US-amerikanische Automobilzerlegungs- und Teileaufbereitungsindustrie ab, die eine Marktgröße von mehreren hundert Milliarden USD hat, wobei die aufgearbeiteten Komponenten 80% des Automobilersatzteilmarktes ausmachen. BMYA konzentriert sich auf verschiedene Batterietechnologien, darunter Lithium-Eisen-Phosphat- und Blei-Säure-Batterien und bedient verschiedene Sektoren von der Luft- und Raumfahrt bis hin zu Elektrofahrzeugen. Das Unternehmen hat OEM/ODM-Partnerschaften und strategische Beziehungen zu Forschungseinrichtungen etabliert.

Positive
  • Entry into large U.S. automotive parts market worth hundreds of billions USD
  • Established presence in high-growth battery and energy storage sector
  • Diversified product portfolio across multiple industrial sectors
  • Strategic partnerships with OEM/ODM manufacturers and research institutions
Negative
  • Entering highly competitive U.S. market as a new player
  • Significant capital investment likely required for both business initiatives

Insights

BAIYU's strategic expansion into the U.S. automotive parts recycling and energy storage sectors represents a calculated diversification move, though execution risks remain significant. The U.S. auto parts remanufacturing market, valued at hundreds of billions, offers substantial revenue potential with 80% market share for remanufactured components. Think of it as entering a mature gold mine with established infrastructure - the opportunity is there, but success depends on operational excellence.

The dual-pronged strategy combining auto parts recycling with BMYA's energy storage business creates potential synergies, particularly in the EV battery recycling space. However, the company faces stiff competition from established players and regulatory hurdles in both sectors. The diverse application range for BMYA's battery products across aerospace, robotics and military suggests ambitious goals, but without concrete partnerships or revenue projections, the actual market penetration potential remains unclear.

Put simply: Imagine opening both a specialized auto parts store and a battery shop under one roof - great idea in theory, but success depends on having the right expertise, connections and execution in two complex markets simultaneously.

The establishment of OEM/ODM partnerships and strategic research collaborations indicates BAIYU is building a robust supply chain foundation for its battery business. However, entering the U.S. auto dismantling market requires an entirely different set of supplier relationships and logistics capabilities. The challenge isn't just about dismantling vehicles - it's about establishing efficient networks for sourcing end-of-life vehicles, processing them and distributing parts.

The company's entry timing coincides with growing demand for sustainable auto parts and battery recycling solutions. Yet, success in the U.S. market will heavily depend on developing relationships with local salvage auctions, repair shops and parts distributors. The mention of a "professional operating team" suggests awareness of these challenges, but building a competitive position against established players like LKQ will require significant investment and time.

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.

About BAIYU Holdings Limited

BAIYU Holdings, Inc. was incorporated in Delaware in December 2011. Initially, the company's primary business was providing lending and financial guarantee services to small and medium-sized enterprises or individuals, and it also developed operations and leasing services for used luxury cars in China. In 2020, through an asset reorganization, the company's main business was transformed into commodity trading and supply chain services. Building on this core business, the company has expanded into the renewable energy sector, encompassing the research and development, production, and sales of energy storage power supplies and lithium batteries, the construction and operation of charging and battery-swapping stations, and integrated services, as well as the dismantling of used cars and the sale of auto parts. Adhering to the development philosophy of "Innovation, Integrity, and Excellence," the company continues to deepen its presence in the renewable energy industry, striving to create more competitive environmentally friendly and energy-saving products for the markets it serves and enhancing its brand reputation. For more information, please visit www.baiyuglobal.com.

For more information, please contact:

BAIYU Holdings, Inc.
Investor Relations Department
Email: ir@baiyuglobal.com

Cision View original content:https://www.prnewswire.com/news-releases/baiyu-ventures-into-us-automotive-parts-and-energy-storage-lithium-battery-related-businesses-302338822.html

SOURCE BAIYU Holdings, Inc.

FAQ

What new markets is BAIYU (BYU) expanding into in 2024?

BAIYU is expanding into the U.S. automotive dismantling and parts sales market, as well as the energy storage and battery technology sector through BMYA NEW ENERGY TECHNOLOGY.

What is the market size for automotive dismantling and parts remanufacturing in the U.S. that BAIYU (BYU) is targeting?

The U.S. automotive dismantling and parts remanufacturing industry reaches hundreds of billions of USD in market size, with remanufactured components representing 80% of the automotive aftermarket.

What types of batteries does BAIYU's BMYA division manufacture?

BMYA produces lithium iron phosphate batteries, lead-acid batteries, industrial valve-regulated batteries, automotive and electric vehicle batteries, and energy storage batteries.

Which industries does BAIYU (BYU) serve through its BMYA division?

BMYA serves various industries including power and telecommunications, transportation, marine, aerospace, robotics, industrial energy storage, photovoltaic power generation, drones, electric vehicles, and military equipment.

BAIYU Holdings, Inc.

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