China unveils new policies for electric bicycle trade-ins

NAMPA / Xinhua

2025-01-23

BEIJING, Jan. 23 (Xinhua) -- China's Ministry of Commerce and four other departments on Thursday announced new policies for the electric bicycle trade-in program for 2025. Individuals who trade in their old electric bicycles and purchase eligible new models will qualify for subsidies, according to the ministry. During the trade-in process, old electric bicycles will be recycled at the local scrap market price and dismantled. The ministry sa......

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