As 2026 dawned, over five provinces—Hunan, Qinghai, Henan, Fujian, and Jiangxi—sequentially unveiled their supporting regulations for automobile trade-in policies, effective from February 10. Presently, all provinces across mainland China have introduced the corresponding rules for the 2026 auto 'national subsidies', with the policy slated to run from January 1 to December 31, 2026.

The subsidy programs are categorized into two main types: scrappage and replacement updates. Under the scrappage and replacement updates scheme, individuals who scrap eligible old vehicles and purchase new energy passenger vehicles will be entitled to a subsidy amounting to 12% of the new vehicle's sales price, capped at RMB 20,000. Meanwhile, those who scrap qualified fuel-powered passenger vehicles and opt for fuel-powered passenger vehicles with a displacement of 2.0 liters or less will receive a subsidy equivalent to 10% of the new vehicle's sales price, with a maximum limit of RMB 15,000.

For replacement updates, individuals trading in their vehicles for eligible new energy passenger vehicles will be eligible for a subsidy equal to 8% of the new vehicle's sales price, up to a maximum of RMB 15,000. On the other hand, those who trade in their vehicles for eligible fuel-powered passenger vehicles will receive a subsidy equivalent to 6% of the new vehicle's sales price, with a cap of RMB 13,000.