Henan Province Auto Trade in and "BYD Day" activity was officially launched in Zhengzhou on the 27th. This year, up to 10000 yuan (RMB, the same below) can be subsidized to replace old cars with new energy vehicles. "As a large amount of durable consumer goods, automobiles are the focus of encouraging the" trade in "."

Fei Quanfa, the second level inspector of the Department of Commerce of Henan Province, introduced at the launching ceremony that the province encourages the replacement of old vehicles with high energy consumption, high emissions, long service life, and potential safety hazards with new energy vehicles or energy-saving vehicles, and will carry out three actions: scrapping and updating of vehicles, replacement and updating of vehicles, and innovation of automobile circulation and consumption. He said that individual consumers would scrap fuel vehicles with emission standards of National III and below or new energy passenger vehicles with vehicle age of more than 6 years, and purchase fuel passenger vehicles with emissions of less than 2.0, with a subsidy of 7000 yuan, and purchase new energy passenger vehicles with a subsidy of 10000 yuan. (China News Network)