BEV opportunity for the remanufacturing industry

As remanufacturing becomes an increasingly attractive option for the BEV industry, we examine some of the key opportunities and challenges it entails.

The transition to battery-electric vehicles (BEVs) and alternative fuel powertrains is perhaps the most significant market trend facing the remanufacturing industry around the world, especially in Europe, the United States and mainland China. The transition has the potential to reshape the industry in the long term, and while we expect minimal impact before 2030, investments into research and development and formulation of strategies will be critical in the near term to ensure a smooth transition.