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Sichuan's New Policy on Car Replacement/ Upgrade: Max. Subsidy RMB17K
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Sichuan Provincial Department of Commerce, Provincial Department of Finance and other units officially issued the "Work Plan for Subsidies for Individual Consumers to Replace and Upgrade Passenger Vehicles (PVs) in Sichuan Province in 2024", further upgrading and optimizing the amount and scope of the subsidy. Among which, the subsidy amount for vehicle replacement and renewal were raised, with subsidies for new energy vehicles (NEVs) up to RMB17,000 and subsidies for internal combustion engines vehicles (ICEVs) up to RMB15,000. At the same time, the restriction on ICEVs with a displacement of less than 2.0 liters was lifted, and there were no longer restrictions on the place of registration for new vehicles. AAStocks Financial News |
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