Jinan Launches Vehicle Scrappage Subsidy: Up to 20,000 CNY for NEV Purchases

Jinan City released a vehicle scrappage and renewal subsidy policy, offering up to 20,000 CNY for consumers who scrap old vehicles and purchase new energy vehicles.

Policy Highlights: Jinan Scrappage Subsidy Details

Jinan recently issued the "Implementation Rules for Vehicle Scrappage and Renewal Subsidies," clarifying subsidy policies for individual consumers who scrap old vehicles and purchase new ones. This policy is a concrete measure in response to the national strategy of promoting large-scale equipment renewal and consumer goods trade-in programs.

Subsidy Standards:

Scrapped Vehicle Type	New Vehicle Type	Subsidy Amount
China-III or below ICE vehicles	New Energy Vehicle	20,000 CNY
China-III or below ICE vehicles	ICE (≤2.0L)	15,000 CNY
NEV registered before 2018	New Energy Vehicle	20,000 CNY

Eligibility Requirements

Applicants must meet the following conditions:

1. Scrapped Vehicle Requirements:

• Gasoline vehicles: China-III or below emission standards
• Diesel vehicles: registered before June 30, 2013
• NEV: registered before December 31, 2018

1. New Vehicle Requirements: Must be purchased and registered in Jinan
2. Time Window: January 1, 2026 to December 31, 2026
3. Applicant Requirements: Individual consumers only; scrap and purchase must be the same person

Policy Background and Objectives

The policy addresses several key priorities:

• Environmental Pressure: As a provincial capital, Jinan faces air quality improvement targets
• Consumption Stimulus: Fiscal subsidies to boost automotive consumption
• NEV Transition: Guiding consumers from ICE to new energy vehicles

Market Impact

The policy is expected to generate the following effects:

1. Short-term replacement demand surge: Expected to drive 15-20% growth in Jinan's NEV sales
2. Accelerated used car market circulation: Increased scrappage will activate the vehicle dismantling and parts recycling industry
3. OEM product strategy adjustments: Automakers may introduce exclusive trade-in offers for the Jinan/Shandong market

Comparison with Other Cities

City	NEV Scrappage Subsidy	ICE-to-NEV Subsidy	ICE-to-ICE Subsidy
Jinan	20,000 CNY	20,000 CNY	15,000 CNY
Shanghai	15,000 CNY	15,000 CNY	10,000 CNY
Beijing	10,000 CNY	10,000 CNY	10,000 CNY
Shenzhen	20,000 CNY	20,000 CNY	15,000 CNY

Jinan's subsidy levels are among the highest nationally, on par with Shenzhen and higher than Shanghai and Beijing.

Consumer Recommendations

For Jinan consumers considering a vehicle upgrade:

1. Verify vehicle eligibility: Check registration date and emission standards
2. Choose timing wisely: Stack subsidies with dealership promotions for maximum savings
3. Keep documentation: Retain scrappage certificates, purchase invoices, and registration documents
4. Follow application procedures: Submit through the "Quan Hui Qi" platform or Jinan Municipal Bureau of Commerce

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