Henan releases detailed rules for 2026 old-for-new car subsidy, with a maximum subsidy of 20,000 yuan

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The Henan Provincial Department of Commerce and seven other departments issued the “Implementation Rules for the 2026 Old-for-New Car Replacement Subsidy in Henan Province” on February 25. The policy clearly includes two subsidy methods: vehicle scrapping and renewal, and vehicle replacement and renewal. For eligible scrapped old vehicles and the purchase of qualifying new energy passenger vehicles, a subsidy of 12% of the new vehicle’s sale price will be provided, with a maximum of 20,000 yuan. For eligible scrapped fuel-powered passenger vehicles and the purchase of qualifying new fuel-powered passenger vehicles, a subsidy of 10% of the new vehicle’s sale price will be provided, with a maximum of 15,000 yuan. When replacing with new energy passenger vehicles, a subsidy of 8% of the new vehicle’s sale price will be given, with a maximum of 15,000 yuan; when replacing with fuel-powered passenger vehicles, a subsidy of 6% of the new vehicle’s sale price will be provided, with a maximum of 13,000 yuan.

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