BEIJING: A 2025 government subsidy scheme for electric vehicles (EV) and plug-in hybrid purchases ended last month in three districts in the city of Xian, the capital of China’s Shaanxi province, local official media Shaanxi Daily reported today.
The three districts are set to stop accepting applications for the subsidies later in July, according to the report.
It did not give a reason for the pause or disclose what might happen in other districts.
“Some Chinese cities, including Zhengzhou and Luoyang, suspended trade-in subsidies for car buyers because the first round of funding allocated by Beijing for the scheme was running out,” Reuters reported in June.
The state planner and finance ministry said last month that consumer trade-in subsidies for the remainder of the year would be issued in July and October, respectively.