Chongqing Government to Provide a Maximum of 3,000 Yuan as NEV Replacement Subsidies

On February 21, Chongqing held another press conference to illustrate another 36 policy measures released to improve the quality and efficiency of the manufacturing sector. Some of the measures are aimed at expanding domestic demand by providing direct subsidies to consumers.

For example, it is state that from March 1 to June 30, individual consumers who replace new energy passenger vehicles will be given subsidies of 1,000-3,000 yuan per vehicle.