2026年汽车“国补”来了！按车价比例进行补贴 最高不超2万元

Core Viewpoint - The National Development and Reform Commission and the Ministry of Finance have issued a notice regarding the implementation of large-scale equipment updates and consumer goods replacement policies in 2026, outlining support scope, subsidy standards, and operational requirements for the "Two New" policy [1][4]. Summary by Relevant Sections Policy Optimization - The 2026 "Two New" policy includes three main optimizations: support scope, subsidy standards, and implementation mechanisms [4]. - The policy continues to support subsidies for scrapping and replacing old vehicles, particularly focusing on personal consumers who register scrapped vehicles in their name [4][6]. Subsidy Standards - For consumer goods replacement, the subsidy for purchasing new energy vehicles is set at 12% of the vehicle price (up to 20,000 yuan), while for 2.0-liter or below fuel vehicles, it is 10% (up to 15,000 yuan) [4]. - For vehicle replacement, the subsidy for new energy vehicles is 8% (up to 15,000 yuan), and for 2.0-liter or below fuel vehicles, it is 6% (up to 13,000 yuan) [6]. - Compared to the 2025 policy, the subsidy amounts remain unchanged, but the criteria have been adjusted to be based on vehicle price, aligning with the high-quality development goals of the automotive industry [6]. Market Impact - The announcement of the policy is expected to mitigate market impacts from the transition of the vehicle purchase tax for new energy vehicles from full exemption to a 50% reduction starting January 1, 2026 [8]. - The "old-for-new" subsidy policy has significantly driven sales, with over 2.5 trillion yuan in related sales and more than 11.2 million vehicles sold under this scheme in the first 11 months of the year [8]. - Projections indicate that the transaction volume for "old-for-new" vehicles in 2025 could exceed 12 million units, with the market scale expected to surpass 180 billion yuan [8]. Implementation and Funding - To ensure smooth implementation of the "Two New" policy, the National Development and Reform Commission has allocated 62.5 billion yuan in special bonds to support consumer goods replacement [8][9]. - The commission will work with relevant departments to enhance coordination and monitoring of the subsidy funds, ensuring a balanced and orderly execution of the policy [9]. Industry Outlook - Analysts believe that the continuation of national subsidies will stabilize domestic demand through inventory updates and structural upgrades in product categories [10].