Shandong
On May 23, a press conference of the Shandong Provincial Government revealed that Shandong is expected to invest 500 million yuan in consumption coupons and issue 150,000 car consumption coupons. From the perspective of coverage, the issuance of automobile consumption vouchers in the province was carried out simultaneously, and urban and rural residents in 16 cities can apply as needed. The cities that have recently launched include: Jinan, Qingdao, Dongying, Tai'an, Rizhao, Yantai, Qingdao, and Linyi.
Time: 20220522-20220630 (car purchase invoice time)
Subsidy target: Individuals purchase passenger cars with less than seven seats (excluding used cars)
bicycle subsidy amount: 1) New energy: 6k consumption coupons above 20W, 4k for 10-20W, 3k for 10W; 2) Fuel vehicles: 5k for 20W, 3k for 10-20W, 3k for 10W; For those who purchase new cars after scrapped and used cars, an additional 1k yuan consumption coupon will be issued.
Hubei
Time: 202206-202212 (car purchase invoice time)
Subsidy object: Individuals trade old for new
bicycle subsidy amount: 8,000 yuan/car for scrapping old cars and purchasing new energy vehicles, 3,000 yuan/car for purchasing fuel vehicles; 5,000 yuan/car for transferring old cars and purchasing new energy vehicles, 2,000 yuan/car for purchasing fuel vehicles
Yiwu
Time: 20220515-20220615 (car purchase invoice time)
Subsidy object: Individuals buy cars in Yiwu
bicycle subsidy amount: 30,000-100,000-3k subsidy, 100,000-200,000-subsidy-subsidy amount: 30,000-100,000-subsidy amount, 100,000-200,000-subsidy-subsidy amount: 30,000-100,000-subsidy amount, 100,000-subsidy-subsidy amount, 100,000-subsidy-subsidy-subsidy amount, 100,000-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-subsidy-sub 5k, 200,000-300,000-8k subsidy, 300,000-1W
Guangdong
Time: 20220501-20220630 (car purchase contract time)
Subsidy object: Guangdong scrapped old cars/new energy vehicles on the list of old-for-new
Bicycle subsidy amount: 8k-10,000
Shenzhen
Time: 20220320-20230620
Subsidy object: Purchase cars for old-for-new (National VI and new energy vehicles)
Bicycle subsidy amount: 5k new energy vehicles, fuel vehicles 3/5k
Total plate: The total budget has not been found yet, first come first served, and it will be used up.
Shenzhen Bao'an District
Time: 20220425-20220725
Bicycle subsidy amount: 0.55-47,000 yuan
Subsidy object: Purchase National VI and new energy vehicles in Bao'an District
Total plate: 100 million
Jiangmen
Time: 20220215-20220630
Bicycle subsidy amount: less than 150,000 yuan - subsidy 1,500 yuan, more than 150,000 yuan - subsidy 3,000 yuan
Subsidy object: Purchase new energy vehicles
We proposed in early May: [Optimistic about the possible support of electric vehicle policies and the resilience of demand. As a medium- and high-value commodity for consumption, especially new energy vehicles, automobiles are often an important measure for policy stimulating consumption. I believe more regions are worth looking forward to.
Within one month, many places have issued stimulus policies for new energy vehicle consumption (subsidy/consumption coupons), from municipal to provincial level (Hubei and Shandong). We believe that other provinces and cities are expected to follow up to help the sales of new energy vehicles increase rapidly in the second half of the year, and continue to maintain the key recommendation of the electric vehicle sector.
