Beijing Pushes 'Gas-to-Electric' Trade-Ins, NEV Stock Tops 1.53 Million
Beijing has kept its consumer trade-in program running and is orderly steering the city toward 'gas-to-electric' vehicle replacement, with the policy having driven more t…
Beijing has kept its consumer trade-in program running and is orderly steering the city toward 'gas-to-electric' vehicle replacement, with the policy having driven more than 140 billion yuan in trade-in sales, the municipal development and reform commission said. As of end-September, Beijing's new-energy-vehicle stock surpassed 1.53 million units. The city is guiding purchases toward top-tier energy- and water-efficiency products while promoting NEV adoption, a shift that analysts say supports local dealers and model fit and feeds charging, battery-swap and recycling chains as the capital decarbonizes transport.
Source: Guangming Network / Tencent Auto, Oct 26, 2026 | 2026-10-26
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