Jiangsu automobile renewal promotion increases consumer subsidy standards significantly

date
15/11/2025
In November and December, Jiangsu province's car renewal promotion to boost consumption is further strengthened, with subsidy standards significantly increased. For new cars with an invoice price including taxes below 100,000 yuan, the subsidy is increased from 1,000 yuan to 3,000 yuan; for new cars with an invoice price including taxes between 100,000 and 200,000 yuan, the subsidy is increased from 2,000 yuan to 5,000 yuan; for new cars with an invoice price including taxes between 200,000 and 300,000 yuan, the subsidy is increased from 4,000 yuan to 8,000 yuan; for new cars with an invoice price including taxes between 300,000 and 400,000 yuan, the subsidy is increased from 6,000 yuan to 9,000 yuan; for new cars with an invoice price including taxes above 400,000 yuan, the subsidy is increased from 8,000 yuan to 10,000 yuan.