Sichuan: Supports Vehicle Replacement and Renewal with Maximum Subsidy of 15,000 Yuan

Published: Feb 12, 2026 15:22

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The notice on "Sichuan Province's 2026 Measures for Implementing Large-Scale Equipment Renewal and Consumer Goods Trade-In Policies" mentioned that in 2026, a one-time subsidy will be provided to individual consumers who sell passenger vehicles registered under their names and purchase passenger NEVs included in the Ministry of Industry and Information Technology's "Catalog of NEV Models Eligible for Vehicle Purchase Tax Reduction and Exemption," or passenger vehicles with a fuel engine displacement of 2.0 liters or less. For trade-ins of eligible passenger NEVs, a subsidy of 8% of the new vehicle's selling price will be granted, with a maximum subsidy amount of 15,000 yuan; for trade-ins of eligible fuel-powered passenger vehicles, with a maximum subsidy amount of 13,000 yuan.

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