Suzhou Unveils Updated Car Purchase Subsidy Scheme: Secure Up to 7,000 Yuan When Buying a New Car from March 21 to June 30
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Author:小编   

On March 22, news emerged that Suzhou City has rolled out its updated car purchase subsidy policy for 2026. From March 21 to June 30, individual consumers who purchase new passenger cars (excluding commercial vehicles and those registered under corporate names) from participating auto dealerships in Suzhou will be entitled to subsidies of varying amounts, depending on the vehicle's price. Here are the specifics: For vehicles priced between 50,000 and 100,000 yuan, fuel-powered cars are eligible for a 1,000 yuan subsidy, whereas new energy vehicles qualify for a 2,000 yuan subsidy. For those priced between 100,000 and 200,000 yuan, fuel-powered cars receive a 3,000 yuan subsidy, while new energy vehicles get a 4,000 yuan subsidy. For vehicles in the 200,000 to 400,000 yuan range, fuel-powered cars are subsidized with 5,000 yuan, and new energy vehicles with 6,000 yuan. Finally, for vehicles priced over 400,000 yuan, fuel-powered cars receive a 6,000 yuan subsidy, and new energy vehicles are eligible for a 7,000 yuan subsidy. The "Suzhou Zhoudao" APP, the designated platform for applying for these car purchase subsidies, is anticipated to go live in late April.