On December 31st, news emerged that the General Offices of eight departments, with the Ministry of Commerce being one of them, recently released the 'Implementation Rules for the 2026 Subsidy Program for Trading in Old Cars for New Ones'. As per these rules, in 2026, individual consumers who sell passenger vehicles registered in their own names and then purchase either new energy passenger vehicles listed in the 'Catalog of New Energy Vehicle Models Eligible for Vehicle Purchase Tax Reduction or Exemption' (issued by the Ministry of Industry and Information Technology) or gasoline-powered passenger vehicles with an engine displacement of 2.0 liters or less, will qualify for a one-time subsidy. To be more precise, consumers trading in their old cars for new energy passenger vehicles will receive a subsidy amounting to 8% of the new car's sales price, with a cap of 15,000 yuan. Meanwhile, those opting for gasoline-powered passenger vehicles in the trade-in will get a subsidy equivalent to 6% of the new car's sales price, not exceeding 13,000 yuan.