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NIO-SW, Onvo Launch Limited-time Last Resort Policy for Trade-in Subsidy
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NIO-SW (09866.HK) (NIO.US) and its second brand, Onvo, jointly announced the launch of a limited-time last resort policy to cover the trade-in subsidies for buyers who purchase car with invoice from 2025 until 28 February. During this period, if users are unable to apply for Chinese government's replacement subsidy because the invoice issuing time of their new car is earlier than the time required by the government's “trade-in” policy, NIO-SW and Onvo will cover the full amount of the subsidy difference in the form of rewards points and an equal amount of home appliance subsidy. AAStocks Financial News |
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