Shenzhen: For trade-in purchases of new energy passenger vehicles that meet the conditions, a subsidy of 8% of the new vehicle sales price will be provided.

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The Shenzhen Municipal Bureau of Commerce has issued the “Implementation Guidelines for the 2026 Vehicle Replacement and Upgrade Subsidy in Shenzhen.” It states that individual consumers who transfer ownership of their passenger cars registered in their name through resale and purchase new energy vehicles listed in the Ministry of Industry and Information Technology’s “Catalog of New Energy Vehicle Models Exempt from Vehicle Purchase Tax” or fuel vehicles with a displacement of 2.0 liters or less will receive a one-time subsidy. For replacing with eligible new energy vehicles, a subsidy of 8% of the new car’s sale price will be provided, with a maximum of 15,000 yuan (rounded up to the nearest yuan). For replacing with eligible fuel vehicles, a subsidy of 6% of the new car’s sale price will be provided, with a maximum of 13,000 yuan.

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