NewsFlash / Cobalt & Lithium / Beijing optimizes vehicle quota to promote used car transactions
Beijing optimizes vehicle quota to promote used car transactions
iconJul 11, 2025 18:51
Source:SMM
[Beijing: Optimizing the Allocation of Passenger Car Quotas and Cultivating and Expanding Used Car Business Entities] The People's Government of Beijing Municipality issued a notice on the "Special Action Plan for Deepening Reform and Boosting Consumption in Beijing". Improve the new ecosystem for automobile consumption. Optimize the allocation of passenger car quotas to better serve the needs of families for vehicles. Cultivate and expand used car business entities, and continuously implement convenient measures such as "reverse invoicing" for used car sales and registration of cross-regional transactions. Strengthen information sharing in the automotive sector, support the development of third-party used car information inquiry platforms, and promote secure and convenient transactions of used cars. Expand aftermarket consumption in areas such as automobile modification, leasing, racing, and RV camping. Organize a series of NEV racing events within the Beijing-Tianjin-Hebei region to stimulate the consumption vitality of NEVs.

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