Guangxi Expands Scope of Trade-in Policy for New Purchase Subsidies

Published: Jun 13, 2025 18:03
[Guangxi: Intensifying and Expanding Support for Trade-in of Vehicles, Home Appliances, Home Furnishing, Kitchen and Bathroom Products, and E-bikes, as Well as Subsidies for Purchasing New 3C Digital Products] The General Office of the People's Government of Guangxi Zhuang Autonomous Region recently issued the Implementation Plan for Guangxi's Special Action to Boost Consumption. It mentions intensifying and expanding support for trade-in of vehicles, home appliances, home furnishing, kitchen and bathroom products, and e-bikes, as well as subsidies for purchasing new 3C digital products. The scope of subsidies for vehicle scrappage and renewal has been expanded to cover eligible gasoline-powered passenger vehicles meeting China IV vehicle emission standards. The categories of home appliances and home furnishing, kitchen and bathroom products eligible for subsidies have been expanded to 24 and 48 categories, respectively, and the process for applying for and reviewing subsidies has been optimized. In 2025, it is expected to boost the sales of key commodities to over 38 billion yuan, promote the scrappage and renewal of 4,700 old commercial freight vehicles, the renewal of 400 new energy city buses, the replacement of power batteries in 700 new energy city buses, and the scrappage and renewal of 2,500 sets of old agricultural machinery.

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
Xinjiang's Bole City Launches 200MW/800MWh Energy Storage Project
21 mins ago
Xinjiang's Bole City Launches 200MW/800MWh Energy Storage Project
Read More
Xinjiang's Bole City Launches 200MW/800MWh Energy Storage Project
Xinjiang's Bole City Launches 200MW/800MWh Energy Storage Project
On April 11, the 200MW/800MWh energy storage project in Bole City, Bortala Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region officially commenced construction. As the first energy storage project to formally break ground in the area, the project involves a total investment of 856 million yuan, covers approximately 80 mu of land, and has a construction period of 180 days. The main construction scope includes a new 110kV step-up substation, with electricity being stepped up and fed into the Zaojiaoshu 220kV step-up collection station for grid connection. With a construction capacity of 200MW/800MWh, the project adopts a combined grid-forming and grid-following technical scheme, and employs advanced technologies such as SST direct-connected technology, offering advantages including reliable design, rapid response, and strong regulation capability.
21 mins ago
Shenneng Beikong Hosts Symposium & Signing for China's Largest-Scale Compressed Air ESS Project
22 mins ago
Shenneng Beikong Hosts Symposium & Signing for China's Largest-Scale Compressed Air ESS Project
Read More
Shenneng Beikong Hosts Symposium & Signing for China's Largest-Scale Compressed Air ESS Project
Shenneng Beikong Hosts Symposium & Signing for China's Largest-Scale Compressed Air ESS Project
On April 10, Shenneng Beikong Company held a symposium and signing ceremony in Beijing for the winning bidders of the underground gas storage facility project for the Xi Ujimqin Banner grid-side compressed air energy storage project. The project is planned to have a construction scale of 3×350 MW/4,200 MWh, making it currently the leading single-unit compressed air ESS power station in China in terms of scale. The underground gas storage facility undertakes the core functions of high-pressure, large-capacity, and long-cycle safe operation, and is a key project that determines technical feasibility and economic viability.
22 mins ago
Sichuan's First Integrated Storage-Computing ESS Power Station Kicks Off Construction
26 mins ago
Sichuan's First Integrated Storage-Computing ESS Power Station Kicks Off Construction
Read More
Sichuan's First Integrated Storage-Computing ESS Power Station Kicks Off Construction
Sichuan's First Integrated Storage-Computing ESS Power Station Kicks Off Construction
Recently, Sichuan Province's first integrated storage-computing composite ESS power station — Pengzhou Tuogang ESS Power Station — officially broke ground. The project adopts a hybrid technology route of "LFP electrochemical energy storage + 2.5 MW supercapacitor," with a total capacity of 100 MW/200 MWh. As a key demonstration project for grid-side new-type energy storage in Sichuan Province in 2025, it plans to achieve full-capacity grid connection and commissioning before the "peak summer" period in August this year.
26 mins ago
[Guangxi: Intensifying and Expanding Support for Trade-in of Vehicles, - Shanghai Metals Market (SMM)