Third Batch of 62.5 Billion Yuan Subsidies Lands: NEV Rural Drive Kicks Off

The third batch of 62.5 billion yuan in national new energy vehicle subsidies for 2026 has been officially released, alongside the upcoming NEV rural promotion program. Multiple models including Xiaomi SU7 and Tesla Model 3 are on the rural eligibility list. The policy combination is expected to activate NEV consumption in tier-3/4 cities and rural areas.