Subsidy

2026 Auto Subsidy Policy Undergoes Structural Adjustment, Price-Based Subsidy Model Implemented

The 2026 auto subsidy policy implements structural adjustment, shifting from universal subsidies to price-based models. Subsidy intensity maintained for vehicles under 300k yuan, reduced for above 300k yuan, and increased for economy models under 150k yuan. The new policy guides rational分层 consumption.

45945 days 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%.

37848 days ago