[Flash News] Yesterday, eight departments including the Shanghai Municipal Commission of Commerce jointly issued the "Implementation Rules for Subsidies on Trade-in of Old E-bikes for New Ones in Shanghai in 2025". From July 1 to December 31, 2025 (inclusive, the same hereinafter), individual consumers who trade in and scrap their old e-bikes (including batteries) and purchase qualified new e-bikes will be granted a one-time subsidy of 500 yuan for car purchase. Among them, an additional subsidy of 100 yuan will be provided for those who trade in and scrap their old e-bikes and purchase new e-bikes equipped with lead-acid batteries.