Multiple Regions Launch New Subsidy Policy for Electric Vehicle Replacement
On May 13, 2025, at 01:35, the Certification Daily reported on the new subsidy policy for the replacement of electric vehicle batteries, which is part of broader efforts to promote electric vehicle adoption.
Recently, the Port City Commercial Bureau issued a notice to encourage the implementation of the “Port City Electric Vehicle Replacement Subsidy Policy,” aimed at increasing the adoption of electric vehicles. This initiative aligns with national strategies to boost electric vehicle sales.
According to the Certification Daily, as of this year, regions like Guangdong and Shanghai have progressively rolled out similar policies, which aim to stimulate the market for electric vehicles.
In January of this year, the Ministry of Commerce published a notice detailing plans for electric vehicle subsidies to replace gasoline-powered vehicles. By 2025, the government plans to provide subsidies for individuals purchasing electric vehicles, which were last recorded on June 30, 2012, for gasoline vehicles, and on June 30, 2014, for diesel vehicles.
The new subsidy policy allows for a maximum subsidy of 200,000 yuan for electric vehicles, while those meeting specific criteria can receive subsidies of up to 150,000 yuan for gasoline-powered vehicles.
Based on the Ministry of Commerce’s guidelines, it is projected that by 2025, the number of electric vehicles will reach approximately 1.3 million units, with an additional 1.2 million gasoline vehicles also being phased out.
The government anticipates that electric vehicle subsidies will be expanded to cover more vehicles, significantly increasing the number of eligible electric cars, which could exceed 2.5 million units.
According to the analysis from the National Certification Center, the new electric vehicle subsidy policy is expected to greatly enhance the market’s appeal towards electric vehicle purchases.
As the country moves forward with the new electric vehicle policies, manufacturers are responding by increasing incentives for electric vehicle purchases, which is expected to further promote electric vehicle adoption.
Several new entrants in the electric vehicle market, such as Xiaopeng Motors, Li Auto, and NIO, are actively launching different subsidy programs to boost their sales. For instance, Li Auto has introduced an attractive financing plan for potential buyers.
In the gasoline vehicle segment, various incentives have been introduced to attract buyers. For example, the company offers Pro discounts starting at 169,900 yuan for their gasoline vehicles, with additional subsidies available.
The Ministry of Commerce’s recent data indicates that as of April 24, 2025, a total of 270,500 electric vehicles have been sold, which is an increase of 120,000 vehicles compared to March 2025.
With the national subsidies moving forward, it appears that electric vehicle purchasing has become a mainstream trend among consumers.
The latest figures reveal that electric vehicle sales are significantly increasing, suggesting that the new policies are effective in stimulating market demand for electric vehicles, thus enhancing the overall market foundation.
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