"Knights, come here! There's big news for you. An economics guru has just dropped a bombshell, pointing to the pain points of the motorcycle industry. 13 years, what does it mean for an iron rider? Is it the end of life, or is it a new beginning? Let me
The "cannon" of the economics profession is Professor Li Daokui. At the 2024 China Motorcycle Industry Summit Forum, he threw out an astonishing idea: a motorcycle riding for 13 years is equivalent to two years of running a car. If the car is forced to be scrapped in two years, I am afraid that the owners will have to fry the pot. As soon as these words came out, they immediately sparked a heated discussion on the forum.
Some people have questioned that the abolition of the 13-year mandatory scrapping of motorcycles is contrary to the "double new policy". Professor Li explained this. He pointed out that if the 13-year mandatory scrapping policy continues, it will undoubtedly increase the cost of car purchase for consumers in disguise. Because the price of the motorcycle must be amortized over a period of 13 years, there is almost no residual value after expiration. Although some motorcycles will be exported, in general, the 13-year mandatory scrapping has virtually raised the price of motorcycles, and once the price rises, consumers' desire to buy will inevitably decline. This is a fundamental law of economics.
In the mainland, motorcycles are currently subject to a mandatory scrapping policy based on age or mileage. As one of the main means of transportation for ordinary people, the impact of motorcycles and electric vehicles on people's livelihood and economy should not be underestimated. According to the regulations, mopeds, mopeds, two-wheeled motorcycles and side three-wheeled motorcycles have a scrapping life of 13 years, but they must also be scrapped if the mileage reaches 100,000 kilometers. The scrapping life of a three-wheeled motorcycle is 7 to 9 years, and it can be extended to 10 to 12 years; Other motorcycles have a scrap life of 8 to 10 years, which can be extended to 11 to 13 years.
Some experts agree with Professor Li's views. They believe that the 13-year mandatory obsolescence policy is indeed contrary to economic principles and adds unnecessary financial burden to consumers. However, some people have a different view, believing that this policy is conducive to promoting the upgrading of the motorcycle industry and improving the quality and safety performance of products.
Behind this big discussion are the challenges that the mainland motorcycle industry is facing. On the one hand, the acceleration of urbanization has led to the increasingly limited use of space for motorcycles. On the other hand, the rapid development of electric vehicles has had a huge impact on traditional motorcycles. In such an environment, how to promote the transformation and upgrading of the motorcycle industry has become a difficult problem to be solved.
At this juncture, Great Wall Motors released their first motorcycle at the 2024 Beijing International Motorcycle Show, giving the industry a shot in the arm. The motorcycle is equipped with a horizontally opposed eight-cylinder engine with a displacement of up to 2000cc and an eight-speed dual-clutch transmission, which is excellent in terms of comfort and power performance. It is known as a "born for feelings, built for dreams" domestic public upgrade super-large displacement heavy-duty cruising motorcycle, is a model of independent innovation of domestic motorcycles.
Professor Li Daokui's remarks undoubtedly sounded the alarm for the motorcycle industry. If the 13-year mandatory scrapping policy continues, it will inevitably discourage consumers from buying, and then affect the development of the entire industry. In the long run, the cancellation of this policy is conducive to stimulating market vitality and promoting the healthy development of the motorcycle industry.
Of course, policy adjustment is by no means achieved overnight. It requires the joint efforts of all stakeholders, and needs to take into account the development of the industry and the interests of consumers under the premise of ensuring safety and environmental protection. This puts higher demands on government departments, businesses and consumers.
"The story is over, knights, but the question is not yet answered. What does 13 years mean for a motorcycle? I'm afraid this question still needs to be considered by each of us. Perhaps, the answer lies in the roaring sound of the engine, in the speeding speed. Knights, let's contribute to the future of this industry! What do you think, boy?"