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Chongqing Adds RMB130M+ in Subsidies for Car/ Electric Bike Trade-ins
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The Chongqing Municipal Commission of Commerce has issued the Notice on Allocating Additional Funds to Continue the 2025 Car and Electric Bicycle Trade-in Subsidy Policy. The notice announced an additional budget of RMB135 million to support the subsidies for car and electric bicycle trade-ins in October 2025. Specifically, RMB30 million will be allocated for car scrapping and upgrades, RMB100 million for car replacements and renewals, and RMB5 million for electric bicycle trade-ins. AAStocks Financial News |
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