Absolutely not. Exporting used cars requires clear proof of foreign currency receipts in USD/EUR (water bill) to be provided to the Chinese foreign exchange administration, customs, and tax authorities for document verification. Cryptocurrencies are considered illegal settlement channels.

The underlying data of the China Public Security Traffic Management Network (12123 platform) has strict records for stolen vehicles. Any vehicle that is currently stolen or has had a complex criminal case that is not fully resolved cannot complete the transfer for export.

Currently, in most developing countries, there is a severe lack of deep repair capabilities for the three electric systems. We recommend that B2B car dealers must have basic electrical insulation testing capabilities.