Botian-Farizon Used Vehicle Remanufacturing Industry Demonstration Park Project Settled down in TEDA Industrial Park

Recently, in TEDA Baoxin Building, a four-party signing ceremony was held, which was joined by Tianjin Botian Chemical Co., Ltd., Zhongxing Kegong (Tianjin) Smart City Operation Services Co., Ltd., Tianjin Farizon New Energy Commercial Vehicle Co., Ltd., and Tianjin Yuelan Information Technology Co., Ltd. The event marked the official launch of the Botian-Farizon Used Vehicle Remanufacturing Industry Demonstration Park project in TEDA Industrial Park, with a total investment of approximately 581 million yuan. The demonstration park is planned to cover an area of about 170 mu (11.33 hectares) and will focus on commercial vehicle remanufacturing, including categories such as light trucks, heavy trucks, buses, and special-purpose vehicles, with an expected annual production capacity of 7,500 units. The Park will integrate functions like production, testing, warehousing, and logistics, leveraging technological advantages to create a full-industry-chain closed loop for refurbishing core components like traction batteries, drive motors, and electronic control units (ECUs) through vehicle restoration and disassembly for remanufacturing, establishing a circular economy demonstration project for the future.

As a major national passenger vehicle industrial base, TEDA possesses a complete industrial chain, profound technological expertise, and a rich talent pool, giving it a unique advantage in developing the vehicle remanufacturing industry. The new project, targeting at the used vehicle remanufacturing sector, will extend the automotive industry in TEDA from “manufacturing” to a “manufacturing + remanufacturing” full-life-cycle service, enhancing the overall competitiveness of the industrial chain. Additionally, the project plans to target overseas markets, injecting new momentum into foreign trade growth in the Binhai New Area.