Shanghai Released Detailed Rules for Vehicle Replacement and Renewal Subsidies in 2025

The Shanghai Municipal Commission of Commerce and four other departments issued the "Implementation Details of the 2025 Shanghai Policy for Further Supporting Vehicle Replacement and Renewal Subsidies."

It mentions that from January 1, 2025 (inclusive, the same hereinafter) to December 31, 2025, individual consumers who purchase a new energy passenger car priced at 100,000 yuan or above (inclusive) (based on the amount specified on the "Uniform Invoice for Motor Vehicle Sales") and transfer (excluding changes, the same hereinafter) a small passenger car registered under their name in other provinces and cities within the specified period will receive a one-time fixed subsidy of 15,000 yuan.

2025 Shanghai Policy for Further Supporting Vehicle Replacement and Renewal

Implementation Details of the Subsidy Policy

To implement the requirements of the "Notice of the National Development and Reform Commission and the Ministry of Finance on Intensifying and Expanding the Implementation of Large-Scale Equipment Renewal and Consumer Goods Trade-In Policy in 2025" (NDRC Environmental Resources [2025] No. 13) and the "Notice of the General Office of the Ministry of Commerce and Other Eight Departments on Effectively Carrying Out the 2025 Vehicle Trade-In Work" (Commerce Office Consumption Letter [2025] No. 8), and to further improve the vehicle trade-in work in this city in 2025, these implementation details have been formulated.

I. Scope and Standards of Subsidies

From January 1, 2025 (inclusive, the same hereinafter) to December 31, 2025, individual consumers who purchase a new energy passenger car priced at 100,000 yuan or above (inclusive) (based on the amount specified on the "Uniform Invoice for Motor Vehicle Sales") and transfer (excluding changes, the same hereinafter) a small passenger car registered under their name in other provinces and cities within the specified period will receive a one-time fixed subsidy of 15,000 yuan.

From January 1, 2025, to December 31, 2025, individual consumers who purchase a new fuel-powered passenger car meeting the China VI-b emission standard priced at 100,000 yuan or above (inclusive) (based on the amount specified on the "Uniform Invoice for Motor Vehicle Sales") and transfer a qualified fuel-powered passenger car registered under their name in other provinces and cities within the specified period will receive a one-time fixed subsidy of 13,000 yuan.

During the policy implementation period, each individual consumer can enjoy the vehicle replacement and renewal subsidy only once per calendar year, and for the same new car, they can only choose to apply for either the vehicle scrappage and renewal subsidy or the replacement and renewal subsidy.

Transferred vehicles refer to old cars registered under the name of individual consumers in other provinces and cities, where the ownership of the vehicle is transferred (excluding changes), a valid "Uniform Invoice for Used Car Sales" is obtained, and the transfer registration procedures are completed.

Newly purchased vehicles refer to new energy passenger cars (including pure electric passenger cars, plug-in hybrid passenger cars, and plug-in extended-range hybrid passenger cars) or new fuel-powered passenger cars meeting the China VI-b emission standard that are included in the "Announcement of Road Motor Vehicle Manufacturers and Products" or other relevant national car model catalogs. These vehicles must be purchased by individual consumers, with a "Uniform Invoice for Motor Vehicle Sales" issued by a local auto sales agency, and must complete motor vehicle registration procedures with the traffic management department of the public security authority, obtaining a valid "Motor Vehicle Registration Certificate" and "Motor Vehicle Driving License."

Vehicle emission standards refer to the emission standards for newly manufactured vehicles, such as the "Limits and Measurement Methods for Pollutant Emissions from Light-Duty Vehicles" (GB18352-series standards) issued by the Ministry of Ecology and Environment. The emission standards of vehicles are based on the public inquiry platform of the Motor Vehicle Environmental Protection Network or the results of the "Suishenban New Car Assistant" inquiry.

II. Subsidy Recipients

The applicants and recipients of the vehicle replacement and renewal subsidy are individual consumers. Individual consumers applying for the subsidy must meet the following conditions:

(1) Individual consumers must have good credit standing and no relevant dishonesty records on the city's public credit information platform.

(2) Individual consumers transferring old vehicles with non-local license plates must have registered the vehicles under their name before January 8, 2025, and the vehicles must not have been used to apply for other vehicle subsidies in this city. The transfer date of old vehicles with non-local license plates must be between July 25, 2024, and December 31, 2025, with the transfer date based on the invoice date specified on the "Uniform Invoice for Used Car Sales." For those purchasing new fuel-powered passenger cars, the old vehicles with non-local license plates must have completed vehicle registration before June 30, 2019.

(3) The purchase date of new cars must be between January 1, 2025, and December 31, 2025, based on the invoice date specified on the "Uniform Invoice for Motor Vehicle Sales" issued by a local auto sales agency. The registration date of new cars must be between January 1, 2025, and January 10, 2026, based on the registration date specified on the "Motor Vehicle Registration Certificate."

(4) During the subsidy application review period, transferred vehicles must not be transferred back to the applicant's name, and newly purchased vehicles must be registered under the applicant's name.

III. Implementation Process

(1) Application

Individual consumers who meet the above conditions for replacing and renewing new energy passenger cars can submit subsidy applications through designated platforms such as the "Shanghai Development and Reform" official account to the Municipal Development and Reform Commission, signing the "Subsidy Application Commitment Letter." Those replacing and renewing fuel-powered passenger cars can submit subsidy applications through designated platforms such as the "Shanghai Commerce" official account to the Municipal Commission of Commerce, signing the "Subsidy Application Commitment Letter."

Individual consumers must submit subsidy applications by January 10, 2026. If corrections or additional information are needed, they must provide the relevant information through the original channels by January 20, 2026. Applications or corrections submitted after the deadline will not be accepted.

(2) Review

The Municipal Development and Reform Commission and the Municipal Commission of Commerce will compare the application information submitted by applicants and provide review opinions within 15 working days after accepting the application. For cross-province information verification, the review time may be extended based on actual circumstances. If the information is verified as true and complete and falls within the subsidy scope specified in these implementation details, the application will be approved. If the submitted information is unclear or unidentifiable, the applicant will be informed of the requirements for correcting the information and must provide the corrected information through the original channels before the deadline.

IV. Funding Arrangement

The subsidy funds will be jointly borne by the national ultra-long-term special government bonds (85%) and municipal fiscal funds (15%). The 15% matching funds borne by the municipal fiscal budget will be arranged through the city's special funds for energy conservation and emission reduction. During the policy implementation period, if the central funds allocated by the state are exhausted, the excess portion will be arranged through the city's special funds for energy conservation and emission reduction.

After public disclosure without objections, the subsidy acceptance department will report the approved applicant information and subsidy amounts to the Municipal Development and Reform Commission. Upon approval by the Municipal Development and Reform Commission, the funding plan will be issued and copied to the Municipal Finance Bureau. The Municipal Finance Bureau, in conjunction with the subsidy acceptance department, will allocate funds in accordance with relevant regulations.

V. Departmental Responsibilities

The Municipal Commission of Commerce is responsible for accepting and reviewing subsidy applications for replacing and renewing fuel-powered passenger cars, coordinating with the Municipal Development and Reform Commission and the Municipal Finance Bureau on fund allocation, settlement, and performance evaluation, and coordinating with the Municipal Public Security Bureau on cross-province information verification.

The Municipal Development and Reform Commission is responsible for coordinating the national ultra-long-term special government bonds and the city's special funds for energy conservation and emission reduction, issuing funding usage plans, accepting and reviewing subsidy applications for replacing and renewing new energy passenger cars, and jointly handling fund allocation, settlement, performance evaluation, and special audits.

The Municipal Finance Bureau is responsible for budget and fund allocation review, organizing relevant departments to supervise and manage fund usage, and conducting performance evaluations to enhance the application of evaluation results.

The Municipal Public Security Bureau is responsible for reviewing vehicle transfer registration and new car registration information in the city, providing verifiable information data, and assisting in cross-province information verification coordination.

The Municipal Bureau of Ecology and Environment assists the Municipal Commission of Commerce in relevant review work and provides verifiable information data.

VI. Performance Management

All departments must establish and improve a comprehensive budget performance management mechanism in accordance with the requirements of fully implementing budget performance management, scientifically and reasonably set project performance goals, monitor performance against these goals, and organize self-evaluations. The application of performance results should be strengthened to improve the efficiency of fund usage.

VII. Supervision and Management

The Municipal Development and Reform Commission, the Municipal Commission of Commerce, and the Municipal Finance Bureau will strengthen the management and supervision of subsidy fund usage, ensuring compliance with laws and regulations in the use of fiscal funds, and preventing illegal activities such as misappropriation, diversion, false reporting, or fraudulent claims of special funds.

Applicants must truthfully fill out information in accordance with the provisions of these implementation details and be responsible for the authenticity and validity of the information submitted. Auto sales enterprises and their sales personnel must not charge additional fees under the pretext of assisting with subsidy applications. If any improper means are found to fraudulently obtain subsidy funds, produce or sell substandard automotive products, or engage in price violations, the relevant departments will handle such cases strictly in accordance with laws and regulations. Suspected criminal activities will be transferred to judicial authorities for severe punishment, creating a fair and competitive market environment.

VIII. Other Matters

These implementation details are interpreted by the Municipal Commission of Commerce and the Municipal Development and Reform Commission in conjunction with relevant departments and will be adjusted as necessary during implementation based on actual circumstances. If any content conflicts with national regulations, the national regulations shall prevail.

These implementation details take effect from the date of issuance and remain valid until March 31, 2026.