China EV Trade-In Subsidy Policy
Covers government policies and incentives related to electric vehicle trade-in programs in China, including subsidies, eligibility criteria, and implementation updates.
All Articles
2026 Policy on Scrapping and Replacing Old Commercial Trucks Takes Effect
China’s updated 2026 policy provides equal subsidies for scrapping China III and China IV commercial trucks, with incentives up to RMB 140,000 for transitioning to new energy vehicles—accelerating the freight sector’s green transformation.
Lynk & Co 900 Flagship Five-Seater Launches
The Lynk & Co 900, a premium large five-seater SUV built on the SPA Evo hybrid architecture, has launched with a starting trade-in price of RMB 254,800. It offers class-leading space, luxury rear seating with massage functions, and a versatile 'Dream Space' cabin.
Ora 5 Launches Gasoline and Hybrid Versions Alongside New Special Edition
Ora introduces its first gasoline and hybrid models with the Ora 5, priced from RMB 69,800 during a limited-time offer. The launch includes a Hou Minghao Special Edition and enhanced buyer incentives like trade-in subsidies, 0% financing, and lifetime warranties.
Politburo Deploys Policies to Stabilize Growth
China's Politburo has signaled stronger macroeconomic support, emphasizing tech innovation and industrial chain resilience—key drivers for the EV sector’s sustained expansion ahead of the 15th Five-Year Plan.
2026 MG4 Launches with Subsidized Price Starting at RMB 65,800
The 2026 MG4 has launched in China with a subsidized starting price of RMB 65,800, offering six trims, Snapdragon 8155 chip, up to a 15.6-inch display, and strong sales momentum. SAIC MG also unveiled its upcoming MG 07 and MG 4X models.
AITO M6 Launches Starting at RMB 259,800
The AITO M6 has launched in China with prices from RMB 259,800 to RMB 299,800, offering both all-electric and extended-range variants. Equipped with Huawei’s advanced LiDAR, intelligent chassis, and premium audio, it targets the mid-to-large smart SUV segment with immediate deliveries and up to RMB 56,000 in purchase incentives.
New Power Policy Drives Market-Oriented EV Charging Pricing
Starting March 2026, China is replacing fixed peak-valley EV charging tariffs with dynamic, market-based pricing tied to real-time electricity supply and demand. This shift aims to end unsustainable low-price competition, but has already led to public charging costs exceeding RMB 2/kWh during peak hours.
State Council Promotes Expansion and Quality Enhancement of the Service Sector
The State Council has set a target for China's service sector to reach 10 trillion RMB by 2030, emphasizing dual-track upgrades in producer and consumer services. The move aims to strengthen tech-driven services like modern logistics and software—critical enablers for the EV industry—and improve elderly care, childcare, and household services.
Xiamen Port Increases Payload Limit for New Energy Heavy-Duty Trucks by 3 Tons
Xiamen Port has raised the allowable payload for new energy heavy-duty trucks by up to 3 tons to address the cargo capacity shortfall caused by heavy batteries. This local policy adjustment aims to incentivize electric truck adoption despite national weight restrictions.
Chery Fulwin T9L Launches with $2,800 Price Cut
Chery has launched the Fulwin T9L midsize hybrid SUV starting at RMB 125,900 ($17,000) after trade-in incentives—a $2,800 reduction from pre-sale estimates. The model boasts a 2,000 km CLTC range, advanced driver assistance, and premium cabin tech, intensifying competition in the sub-$21,000 segment against rivals like the BYD Song PLUS DM-i.
Geely Boyue REV Launches Starting at RMB 107,900
The Geely Boyue REV has launched in China starting at RMB 107,900, offering a 375 km pure electric range, range-extender tech, and premium features like massaging seats—all with a RMB 20,000 price cut from pre-sale estimates.
Wuling Unveils Fifth-Generation Hongguang MINIEV
Wuling has launched the fifth-generation Hongguang MINIEV, featuring a bold new design, upgraded 10.1-inch infotainment system, and expanded color options. Priced from RMB 44,800—or RMB 42,800 with trade-in subsidies—it offers enhanced space and tech in China’s best-selling EV segment.