[Shenzhen: Vehicle Replacement Trade-In Supported, New Energy Passenger Vehicles Eligible for 8% Subsidy]

Published: Feb 28, 2026 21:32

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Shenzhen announced a vehicle replacement subsidy on February 28, 2026. Individual consumers who trade in their old passenger vehicle for a new energy vehicle (NEV) or a fuel vehicle (2.0L and below) are eligible. The subsidy is 8% of the vehicle price (max RMB 15,000) for NEVs and 6% (max RMB 13,000) for fuel vehicles.

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