Shanxi Issues Detailed Rules for Scrapping and Renewing Old Freight Trucks, Offering Up to 95,000 Yuan in Subsidies per Vehicle

Deep News09-21 21:54

Shanxi Province has recently rolled out two detailed subsidy implementation rules, one targeting the scrappage and renewal of old operating freight trucks and the other focusing on the replacement of new energy buses and their power batteries. These measures aim to further enhance the efficiency and quality of equipment upgrades within the province's transportation sector.

In line with the joint work requirements issued by the General Office of the Ministry of Transport, the General Office of the National Development and Reform Commission, the General Office of the Ministry of Public Security, and the General Office of the Ministry of Commerce, the provincial Department of Transport, the provincial Development and Reform Commission, the provincial Department of Finance, the provincial Department of Public Security, and the provincial Department of Commerce have jointly issued the provincial detailed implementation rules for the scrappage and renewal of old operating freight trucks in 2026. Unlike previous years, the funding nature for this 2026 subsidy has shifted, moving from consumer goods trade-in programs to large-scale equipment renewal, with all necessary funds now covered by central government ultra-long-term special treasury bonds.

Regarding subsidy distribution, the province will continue to utilize a lottery-based selection method followed by subsidy disbursement. The new rules specify that subsidies cover three distinct scenarios: first, the early scrappage of operating diesel freight trucks that meet China IV emission standards or lower; second, the early scrappage of old freight trucks accompanied by the simultaneous purchase of new trucks meeting China VI emission standards or new energy trucks; and third, the purchase of qualifying new energy trucks without any prior scrappage.

Subsidy standards vary according to the type of vehicle scrapped, the timing of early scrappage, and the power type of the newly purchased vehicle. Specifically, subsidies for early scrappage alone range from 10,000 to 45,000 yuan per vehicle, while subsidies for the purchase of new vehicles alone range from 25,000 to 95,000 yuan per vehicle.

Concurrently, the provincial Department of Transport, the provincial Development and Reform Commission, and the provincial Department of Finance have jointly issued the detailed implementation rules for the 2026 subsidy program for new energy buses and power battery replacements. These rules were formulated based on the relevant notice jointly issued by the General Office of the Ministry of Transport and the General Office of the National Development and Reform Commission. This subsidy has also been adjusted from a consumer goods trade-in program to a large-scale equipment renewal initiative, with all funding sourced from central government ultra-long-term special treasury bonds and distributed through the same lottery-based and post-selection disbursement method.

The subsidy coverage includes two main areas: first, support for the renewal of new energy city buses registered before December 31, 2018, as confirmed by the motor vehicle registration certificate; and second, support for the replacement of power batteries in new energy buses that have exceeded their warranty period, with warranties expiring before December 31, 2026, or that no longer meet safe operating conditions. The subsidy standard provides an average of 80,000 yuan per vehicle. For those opting to replace power batteries specifically, the subsidy covers 50 percent of the purchase price of the new battery, capped at 42,000 yuan per vehicle.

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