The highest subsidy of 5000 yuan per vehicle for car replacement and update in Haikou has arrived.

According to the notice from the Haikou Municipal Bureau of Commerce, Haikou will carry out the "2025 Haikou City Automobile Replacement and Renewal Subsidy" activity. The automobile "replacement renewal" subsidy will provide a one-time fixed subsidy based on the purchase price of the new car, with a maximum subsidy of 5000 yuan per vehicle.