Beijing offers a maximum subsidy of CNY 10,000 to encourage car trade-in

On June 26, seven Beijing ministries including the Beijing Municipal Commerce Bureau jointly issued “Beijing’s Plan on Encouraging Auto Trade-in” (Plan).
According to the Plan, from June 1, 2022 to December 31, 2022, individual car owners, who buy New Energy Vehicles from car sales companies in Beijing after scrappin....

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