Up to 50,000 yuan subsidy for new energy vehicles in Lhasa city.

On November 16th, Lhasa announced a series of measures to promote consumption named “Assisting Enterprises and Benefiting People, Enjoying Shopping in Lhasa”. It mainly targets the consumer demand of farmers and herdsmen in Lhasa, and provides cash subsidies for the purchase of household appliances, furniture and cars. Among them, the subsidy for car purchases is the largest among all provinces and municipalities’ subsidy policies at present.

Additionally, unlike other provinces and municipalities that require local businesses or local household registration and residence permits, Lhasa’s car subsidy policy in this case does not limit the identity of buyers. You only need to purchase a car through a local car dealer and have no issues of violating laws or breaking trust to participate in this policy.

In terms of subsidy standards, the car consumption subsidy is based on the bare vehicle price and is classified into 5 levels:

  • Below 50,000 yuan (inclusive) will be subsidized 2,000 yuan;
  • Above 50,000 yuan to 100,000 yuan (inclusive) will be subsidized by 10,000 yuan;
  • Above 100,000 yuan to 200,000 yuan (inclusive) will be subsidized by 20,000 yuan;
  • Above 200,000 yuan to 300,000 yuan (inclusive) will be subsidized by 30,000 yuan;
  • Above 300,000 yuan will be subsidized by 40,000 yuan.

In addition to the above benefits, farmers and herdsmen with household registration in various counties and districts in Lhasa can also enjoy an additional subsidy of 5,000 yuan when purchasing a car. When purchasing a new energy vehicle, an additional subsidy of 5,000 yuan will be given. For example, if you buy a new energy vehicle priced above 300,000 yuan in Lhasa, the maximum cumulative preferential amount is 50,000 yuan.

During the event period, city residents interested in purchasing a car can enter the “Joyful Shopping for Cars” section in the “Jiahui Duoduo” WeChat mini-program, select a car model in the 4S store, and pay a deposit according to the selected car model and price range to complete a purchase appointment. The audit results will be notified via the mini-program message. The subsidy will be granted based on the actual consumption voucher and purchase materials. Alternatively, you can upload the purchase voucher after completing the vehicle purchase to apply for the subsidy. The subsidy will be granted on a first-come-first-served basis until the funds are depleted.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.