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Shenzhen Announces Car Replacement & Renewal Subsidy w/ Max. RMB15K for NEVs
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Shenzhen has released the details of its car replacement and renewal subsidy. Individual consumers who transfer vehicles registered under their names and purchase new energy vehicles (NEVs) or fuel vehicles meeting the National VI emission standard within Shenzhen will receive a one-time car purchase subsidy. For car purchase prices between RMB40,000-70,000, a subsidy of RMB4,000 is provided for each fuel vehicle, and RMB5,000 for each NEV. For car purchase prices between RMB70,000-150,000, a subsidy of RMB8,000 is provided for each fuel vehicle, and RMB9,000 for each NEV. For car purchase prices between RMB150,000-250,000, a subsidy of RMB12,000 is provided for each fuel vehicle, and RMB13,000 for each NEV. For car purchase prices of RMB250,000 or above, a subsidy of RMB13,000 is provided for each fuel vehicle, and RMB15,000 for each NEV. AAStocks Financial News |
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