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China’s vehicle trade-in subsidy applications exceed ten million in 2025
As of October 22, 2025, China's vehicle trade-in subsidy applications exceeded 10 million, boosting the green transition in the auto industry, with new energy vehicles at 57.2%. This year saw a 47.9% rise in scrapped vehicles, enhancing recycling efforts and significantly reducing carbon emissions.
要点
- Applications for China's vehicle trade-in subsidy reached over 10 million by October 22, 2025.
- Out of the total applications, 3.4 million were for scrappage and 6.6 million for vehicle replacements.
- 57.2% of all trade-in applications were for new energy vehicles, supporting a green auto industry transition.
- 7.345 million vehicles were recycled in the first three quarters of 2025, a 47.9% year-on-year increase.
- Recycled materials include approximately 7.1 million tons of steel, 920,000 tons of aluminum, and 930,000 tons of plastic.
- This recycling effort contributed to a reduction of over 21 million tons of carbon emissions.
なぜ重要か
- The trend reflects ongoing global efforts toward sustainable transportation and environmental conservation.
- The increase in electric vehicle (EV) adoption is consistent with climate goals set by multiple nations.
- Similar vehicle scrappage and trade-in programs in Europe and the US aim to promote eco-friendly cars and reduce waste.
- The demand for recycled materials aligns with global supply chain shifts and sustainability objectives in the automotive industry.
China's vehicle trade-in subsidy program demonstrates significant progress in promoting sustainable automotive practices while achieving substantial reductions in carbon emissions, showcasing a model for future environmental initiatives.