Maximum Discount of 3,000 Yuan: Shanghai Yangpu District Issues 2026 Auto Consumption Vouchers

Published: Feb 27, 2026 15:40
Shanghai Yangpu District launched the first batch of 2026 auto consumption voucher activities on February 26. The total activity fund was 10 million yuan. Car purchasers needed to buy fuel or new energy passenger cars meeting China 6b emission standards from designated auto retail enterprises in Yangpu District and complete vehicle registration procedures with Shanghai's public security traffic management department. The vouchers were divided into two tiers: for car prices between 100,000 and 300,000 yuan, a 2,000-yuan voucher could be claimed; for prices above 300,000 yuan, a 3,000-yuan voucher was available. The activity was expected to drive new auto sales to reach 900 million yuan, promoting local auto consumption and economic development.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
22 hours ago
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
Read More
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops
According to data from the CPCA, lithium battery exports reached 926,000 mt in January-February 2026, up 63%, while export value rose 43% to $14.2 billion. The export price of lithium-ion batteries fell from $27,300/mt in 2023 and $20,100/mt in 2024 to $15,700/mt, and further to $15,300/mt in 2026. The average price in 2026 declined only 10% YoY, a marked improvement from the 26% drop in 2024 and the 22% drop in 2025.
22 hours ago
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Apr 3, 2026 17:01
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Read More
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction
Apr 3, 2026 17:01
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Apr 3, 2026 13:47
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Read More
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning
Recently, Nanning Urban Construction Investment Group and Huahui New Material Technology Co., Ltd. signed an agreement for the lithium/sodium battery dry-process separator intelligent manufacturing project. The total investment for the project is approximately 500 million yuan. It plans to build a new production line with an annual capacity of 1 billion square meters of dry-process separators for lithium/sodium batteries. The project will introduce Guangxi's first new-generation dry-process uniaxial stretching and 4.2-meter-wide biaxial stretching battery separator production line. It is expected that upon reaching full capacity, the annual output value will be approximately 800 million yuan, creating 170 jobs, and establishing the first battery base film production base in Guangxi.
Apr 3, 2026 13:47
Shanghai Yangpu District launched the first batch of 2026 auto consump - Shanghai Metals Market (SMM)