As one of the largest consumer markets for electric vehicles in China, Shanghai has also made great efforts in terms of vehicle promotion fees this time. A few days ago, it is understood that the Shanghai Municipal People’s Government issued the “Shanghai Action Plan for Accelerating Economic Recovery and Revitalization”, which effectively and orderly promotes accelerated economic recovery and revitalization from 8 aspects and 50 items.
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Among them, in order to vigorously promote automobile consumption,Shanghai will increase the quota of 40,000 non-commercial passenger vehicle license plates during the year, and subsidize 10,000 yuan for each replacement of pure electric vehicles.
For the mainstream electric vehicles in the market, consumers can directly obtain preferential policies for car purchases. Taking the Tesla Model 3, which starts at 279,900 yuan, as an example, the car can be purchased for 10,000 yuan cheaper; the starting price of the BYD Han EV at 269,800 yuan will also be reduced simultaneously.
It is reported that Shanghai will increase the quota of 40,000 non-commercial passenger vehicle licenses during the year.In accordance with the requirements of national policies, the purchase tax of some passenger vehicles will be reduced in stages;
At the same time, before December 31, 2022, individual consumers who scrap or transfer a passenger car registered in Shanghai and meet relevant standards under their name and purchase a pure electric vehicle will be given a financial subsidy of 10,000 yuan per vehicle.
In addition, it also includes supporting the development of car rental formats, improving the registration, filing, and vehicle transaction registration management regulations of used car market entities. The notice pointed out that this policy measure will be implemented from June 1, 2022 and will be valid until December 31, 2022.
