[SMM Tin News Flash: Suzhou Updated Its New Vehicle Purchase Subsidy Policy: From March 21 to June 30, Buyers of New Cars Can Receive a Maximum Subsidy of 7,000 yuan]

Published: Mar 23, 2026 09:23

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Suzhou officially launched its 2026 subsidy policy for new car purchases. From March 21 to June 30, individual consumers who purchase new passenger vehicles from participating automobile dealership enterprises in Suzhou will receive subsidies in accordance with the relevant standards (operating vehicles and vehicles with public license plates are not eligible). For vehicle prices from 50,000 yuan (inclusive) to 100,000 yuan (exclusive), the subsidy is 1,000 yuan for internal combustion engine vehicles and 2,000 yuan for new energy vehicles; for vehicle prices from 100,000 yuan (inclusive) to 200,000 yuan (exclusive), the subsidy is 3,000 yuan for internal combustion engine vehicles and 4,000 yuan for new energy vehicles; for vehicle prices from 200,000 yuan (inclusive) to 400,000 yuan (exclusive), the subsidy is 5,000 yuan for internal combustion engine vehicles and 6,000 yuan for new energy vehicles; for vehicle prices of 400,000 yuan (inclusive) and above, the subsidy is 6,000 yuan for internal combustion engine vehicles and 7,000 yuan for new energy vehicles. “Su Zhou Dao” APP car purchase subsidy application platform (expected to go online in late April)

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