On April 1st, Nio announced the launch of a maximum 1 billion yuan subsidy for oil car replacement. Starting immediately, oil car users who replace their vehicles with the new Nio 2024 model will receive an additional 10,000 yuan in optional equipment subsidy. Chery Automobile announced that starting April 1st, the Chery Hundred Billion Subsidy Replacement Season policy will be updated, with specified models exempt from purchase tax for a limited time, offering up to 30,000 yuan in trade-in allowance and a chance to win a 49,999 yuan large purchase voucher. FAW-Volkswagen stated that a limited-time additional subsidy policy will be implemented from April 1st to April 23rd. This includes a maximum cash subsidy of 5,000 yuan for the entire lineup and a maximum replacement subsidy of 4,000 yuan. The Hongmeng Intelligent Travel App shows that the Wajie M7 Plus large five-seat rear-wheel drive version is now discounted by 20,000 yuan for a limited time, with a deposit required by April 30th.