On March 19, the General Office of the Ministry of Transport, the General Office of the National Development and Reform Commission, and the Ministry of Finance jointly issued the Implementation Rules for Subsidies for the Renewal of New-Energy Urban Buses and Power Batteries in 2025. These rules utilize funds from ultra-long-term special treasury bonds to provide fixed subsidies to urban public transport enterprises for renewing new-energy urban buses and replacing power batteries.Enterprises are encouraged to rationally select the vehicle length types of replaced new-energy urban buses by considering factors such as passenger flow changes and the development of the urban public transport industry. The average subsidy per vehicle is 80,000 yuan, with 42,000 yuan allocated specifically for power battery replacements. View Details >