By 2026, the detailed rules for the "national subsidy" for cars have been implemented nationwide.
At the beginning of the year of the Horse, many provinces have issued detailed rules to support the policy of trading in old cars for new ones. According to statistics, since February 10th, more than 5 provinces including Hunan, Qinghai, Henan, Fujian, Jiangxi have successively introduced detailed rules for trading in old cars for new ones. Currently, all provinces in mainland China have announced the detailed rules for the 2026 automobile "national subsidy". In general, the subsidy rules announced by each province are similar. The policy implementation period starts from January 1, 2026 and lasts until December 31, 2026. The subsidy projects are divided into scrappage and replacement. The scrappage subsidy standard is as follows: for scrapping eligible old cars and purchasing new energy passenger cars, a subsidy of 12% of the new car's sales price will be given, with a maximum subsidy of 20,000 yuan; for scrapping eligible fuel passenger cars and purchasing fuel passenger cars with a displacement of 2.0 liters and below, a subsidy of 10% of the new car's sales price will be given, with a maximum subsidy of 15,000 yuan. The replacement subsidy standard is as follows: for purchasing eligible new energy passenger cars, a subsidy of 8% of the new car's sales price will be given, with a maximum subsidy of 15,000 yuan. For purchasing eligible fuel passenger cars, a subsidy of 6% of the new car's sales price will be given, with a maximum subsidy of 13,000 yuan.
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