Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

  • Posted on December 31, 2025
  • By South China Morning Post
  • 3 Views
Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.
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South China Morning Post

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