The maximum subsidy is 57,000 yuan! Zhejiang Ningbo issues a policy of scrapping subsidies for old vehicles

Maximum subsidy is 57,000 yuan; Zhejiang Ningbo scraps subsidies for old vehicles

【PhoneAuto News】Recently, multiple departments have expressed their continuous efforts to focus on the entire industry chain, highlight key points, and continue to stabilize and expand automobile consumption. Local governments have also introduced measures to further activate automobile consumption.

Industry insiders believe that policy support has a significant promoting effect on the automobile consumption market, which helps maintain a stable growth trend in the automobile market and promotes the benign marketization development stage of China’s automobile market.

Recently, according to PhoneAuto’s understanding, the Ecological Environment Bureau of Ningbo City, together with the Municipal Transportation Bureau, Municipal Finance Bureau, Municipal Public Security Bureau, and Municipal Commerce Bureau, jointly issued the “Implementation Plan for Accelerating the Elimination of Old Diesel Trucks in Ningbo City.” Financial incentives will be given to social vehicles for early elimination.

• Mercedes-AMG releases new electric skateboard, priced over ten thousand yuan Would you buy it?
• Starting at 279,800 yuan! The new Audi Q3 is officially available for sale, equipped with a new 15-liter engine
• Porsche’s most powerful naturally aspirated engine! The price of the all-new Porsche 911 GT3 RS has been officially announced

The news shows that in the first phase, for non-operating diesel trucks that meet the relevant conditions and are scrapped and eliminated between the date of the issuance of the “Implementation Plan” (May 9, 2023) and December 31, 2023, incentives ranging from 5,000 to 30,000 yuan will be given for each truck with National III or lower emission standards. In the second phase, for operating diesel trucks with National IV emission standards or gas-powered commercial vehicles using lean combustion technology registered between 2013 and 2017 that meet the relevant conditions and are scrapped and eliminated between January 1, 2024, and December 31, 2024, incentives ranging from 13,000 to 57,000 yuan will be given for each truck.

According to statistics from relevant professional institutions, in April, China’s automobile production and sales completed 2.133 million and 2.159 million units, respectively, an increase of 76.8% and 82.7% year-on-year. Among them, passenger car production and sales completed 1.778 million and 1.811 million units, respectively, an increase of 78.5% and 87.7% year-on-year.

New energy vehicles continue to perform well, with a steadily increasing market share. In April, the production and sales of new energy vehicles reached 640,000 and 636,000 respectively, both increasing by 1.1 times compared to the same period last year, with a market share of 29.5%.

In terms of automobile exports, there were 376,000 units exported, an increase of 1.7 times year-on-year. Among them, the export of new energy vehicles was 100,000 units, an increase of 8.4 times year-on-year.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!