Overview
- Shenzhen ended its 2025 vehicle replacement subsidy after Oct. 28 qualification disbursements reached the budget limit, with submissions closing Nov. 30 and query or correction access ending Dec. 10.
- China’s 2026–2027 policy will replace the NEV purchase‑tax exemption with a 5% rate capped at ¥15,000 per vehicle and will restrict benefits to models listed in an approved catalog meeting new technical requirements.
- Avita will cover tax differences for users who lock orders by Dec. 31, 2025 if delivery or invoicing slips into 2026 for reasons attributable to the company.
- Changan will provide cash compensation for the 2026 tax difference to users who lock orders by Nov. 30, 2025 if cars are invoiced or delivered next year for non‑user reasons across eligible brand models.
- HarmonyOS‑based maker Hongmeng Zhixing announced an S9T plan granting up to ¥15,000 for users who lock by Nov. 30, 2025 if invoicing or delivery occurs in 2026 for non‑user reasons.