Chongqing Allocates Additional 135 Million Yuan Budget for October Auto and E-Bike Trade-in Subsidy
On September 3, the Chongqing Municipal Commission of Commerce issued a "Notice on Allocating Additional Funds to Continue the Implementation of the 2025 Car and Electric Bicycle Trade-in Subsidy Policy."
The notice states that, in order to implement the subsidy policy for the trade-in of consumer goods in an orderly manner, and in accordance with the relevant requirements of national ministries and commissions, combined with the actual execution of policies in our city, with the approval of the municipal government, an additional budget of 135 million yuan has been allocated to the trade-in subsidy for cars and electric bicycles in October 2025.
Among them,Vehicle scrapping and renewal: 30 million yuan; vehicle replacement and renewal: 100 million yuan.A budget of 5 million yuan has been allocated for the electric bicycle trade-in program. The budget will be managed on a "total amount control, first come first served, until depleted" application basis.
Please note that the effective application period or time for the vehicle scrappage renewal, vehicle trade-in renewal, and electric bicycle trade-in policies starts from 10:00, 9:00, and 9:00 respectively on October 1st and will cease once the monthly quota is fully applied for. The subsidy standards and related requirements are consistent with the regulations stipulated in documents YuShangWu [2025] No. 201, YuShangWu [2025] No. 239, and YuShangWu [2025] No. 240.
On August 15th of this year, the Chongqing Municipal Commission of Commerce had previously announced an adjustment to the 2025 vehicle replacement subsidy, stating that the first phase of the vehicle replacement subsidy funds in Chongqing had been exhausted. To continue leveraging the incentive effects of the policy, an additional budget of 300 million yuan has been allocated for the vehicle replacement subsidy for the third quarter of 2025, which will be implemented on a monthly basis.
In August and September 2025, budget allocations of 200 million yuan and 100 million yuan will be arranged respectively, following the application principle of "total amount control, first-come, first-served, and stop when used up."
The subsidy standard is adjusted to provide a subsidy for the purchase of new energy vehicles, calculated as 7% of the total amount including tax on the "Motor Vehicle Sales Unified Invoice," rounded to the nearest ten yuan, with a minimum of 3,000 yuan and a maximum of 15,000 yuan.
For those purchasing fuel vehicles, a subsidy is provided based on 6% of the total price (including taxes) as indicated on the "Uniform Invoice for Motor Vehicle Sales," rounded to the nearest ten, with a minimum of 2,000 yuan and a maximum of 13,000 yuan. The application period opens at 9:00 on August 16 and closes once the monthly quota is filled; it reopens at 9:00 on September 1 and similarly closes once the monthly quota is filled.
After the suspension of automobile replacement subsidies in many places in the middle of the year, more than two months later, some provinces and cities have successively pressed the "restart button" for subsidies. According to incomplete statistics from Gasgoo Auto, since the end of July until today, more than ten regions have adjusted and updated their automobile replacement subsidy policies, including Shenyang, Heilongjiang, Hainan, and others.
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