The “National Subsidy” Program is Back! Why is it not reaching everyone? The latest update on the national subsidy policy was released on October 12: the most recent round of subsidies amounts to 690 billion yuan, aimed at supporting electric vehicle purchases until the end of 2025.
On October 11, 2025, at 17:58, an announcement from the Ministry of Finance detailed how this round of subsidies, totaling 690 billion yuan, would be implemented, with the deadline for applications set for December 31, 2025. However, this date is subject to change based on the pace of subsidy distribution.
According to reports, from January to August 2025, approximately 3.3 billion yuan has already been allocated for subsidies under the “National Subsidy” program, directly benefiting over 2 million households. Various products, including home appliances and electric vehicles, have seen significant demand, with some categories like televisions and home appliances experiencing a boost of over 28.4%.
The current situation indicates that the fourth round of funding totaling 690 billion yuan has already been earmarked by the Ministry of Finance in September, suggesting that the funding levels will be sufficient for the year. The focus moving forward will be on tightening the distribution of these subsidies to ensure they reach the intended recipients effectively.
For households wishing to apply, the process involves using the official app, where eligible categories for subsidies include home appliances and electric vehicles. The maximum subsidy for home appliances can reach 2000 yuan, while electric vehicles have a maximum subsidy of 500 yuan. It is important to note that the eligibility criteria are strict, and applicants must adhere to the specified limits.
As we approach the end of the year, there is a growing concern regarding the adequacy of these subsidies, especially for electric vehicle purchases, which have been a significant focus of this policy. The Ministry has indicated that a total of 2 million vehicles will benefit from the current round of subsidies, with emphasis placed on ensuring a smooth distribution process.
Overall, this subsidy program aims to alleviate the financial burden on consumers, fostering the adoption of electric vehicles and energy-efficient appliances. However, the timeline for the completion of applications will be critical in determining its success, and consumers are encouraged to stay informed through the official channels to ensure they do not miss out on these benefits.
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