Beijing Plan Aims to Boost New Energy Vehicle Sales

Beijing's plan matters less for EV demand than for the used-vehicle layer beneath it: a functioning trade-in and resale system is what lets owners cycle into new energy models without absorbing a one-way depreciation hit. The aftermarket items — modification, leasing, racing, RV camping — point to a broader attempt to monetise vehicles after the point of sale, an area where China's regulatory grey zones have long suppressed formal business. Whether the used-car measures translate into standardised pricing and cross-region transfer is the open question; without that, the rest stays aspirational.