FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
1. Various of consumers trying, salesperson introducing new energy vehicles (NEVs) at dealership
2. Various of NEVs at outdoor fair
3. Various of NEV factory interior, production lines, workers
4. NEVs at charging station
5. Newly manufactured NEVs at parking lot
6. Various of traffic

FILE: Sichuan Province, southwest China - 2025 (CCTV - No access Chinese mainland)
7. Scrapped vehicles
8. Various of scrapped vehicles being transported, processed
9. Various of auto parts

A total of 335,000 applications for the 2026 auto trade-in subsidy program have been filed across China as of Feb 5, 2026, driving new car sales of over 53.7 billion yuan (about 7.7 billion U.S. dollars), according to the Ministry of Commerce.

In January, the average price of new cars participating in the trade-in program exceeded 160,000 yuan, a significant increase compared to the previous year.

Meanwhile, 659,000 scrapped vehicles were recycled nationwide, a year-on-year increase of 50.2 percent.