Core Points - Jiangsu Province is enhancing its automotive consumption promotion activities from November to December, increasing subsidies for new car purchases up to 10,000 yuan, up from the previous 8,000 yuan [1] Subsidy Standards - The new subsidy standards apply to consumers who have submitted applications since the program began on September 5, with a first-come, first-served basis for available funds [3] - The subsidy cannot be combined with national vehicle scrapping and replacement subsidies, Jiangsu's vehicle replacement subsidies, or other provincial subsidies [3] - For new cars with an invoice price under 100,000 yuan, the subsidy increases from 1,000 yuan to 3,000 yuan [3] - For new cars with an invoice price between 100,000 and 200,000 yuan, the subsidy increases from 2,000 yuan to 5,000 yuan [4] - For new cars with an invoice price between 200,000 and 300,000 yuan, the subsidy increases from 4,000 yuan to 8,000 yuan [5] - For new cars with an invoice price between 300,000 and 400,000 yuan, the subsidy increases from 6,000 yuan to 9,000 yuan [6] - For new cars with an invoice price above 400,000 yuan, the subsidy increases from 8,000 yuan to 10,000 yuan [7] Market Performance - From January to October, Jiangsu's passenger car sales reached 1.516 million units, a year-on-year increase of 6%, with new energy vehicle sales at 739,800 units, a significant year-on-year increase of 42% [7] - In October, the market penetration rate for new energy vehicles reached 53%, indicating strong growth potential [7] - The increased subsidies are expected to further stimulate automotive consumption, particularly in the new energy vehicle segment, which is likely to maintain high growth [7]
政策加码!江苏汽车焕新促消费补贴标准全面上调,买新车最高补贴1万
Yang Zi Wan Bao Wang·2025-11-14 13:16