Chinese authorities announced late last month that the trade-in subsidy program for consumer goods would be renewed in 2026 as part of broader efforts to boost consumption, with 62.5 billion yuan in ...

China has adjusted its cash-for-clunkers program that could impact lower-priced brands such as BYD Co., potentially reducing the boost to new car sales next year.

China’s 2026 vehicle trade-in subsidies raise the top rebate spending threshold while cutting support for lower-priced models ...

Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook BYD and Black Myth: Wukong co-branded car Credit: TechNode China’s Ministry of Commerce announced ...