Purchase Tax Exemption

Xi'an NEV Subsidy Upgrade: Save Up to ¥10,000 on Car Purchases

Xi'an upgraded its auto consumption subsidy policy starting August 1, offering individual buyers a 2% subsidy on NEV purchases, capped at ¥10,000.

3454 hours ago

2026 Vehicle Trade-In Policy 2.0: Subsidies Upgraded

China's 2026 auto consumption policy package continues to strengthen. The trade-in subsidy program enters version 2.0 with increased subsidies and a focus on county and rural markets. NEV purchase tax exemption is extended through year-end 2026, providing policy certainty. Combined, these policies are expected to sustain 15%+ NEV sales growth with penetration potentially exceeding 60%.

45275 days ago

Purchase Tax Exemption

Xi'an NEV Subsidy Upgrade: Save Up to ¥10,000 on Car Purchases

2026 Vehicle Trade-In Policy 2.0: Subsidies Upgraded

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