How does the policy of exchanging old for new electric bicycles serve consumers?

Answer: According to the spirit of the "Several Measures on Strengthening Support for Large scale Equipment Renewal and Consumer Goods Trade in", various regions have formulated implementation rules for electric bicycles trade in based on actual conditions, and independently determined specific support amounts and methods.

Subsidies will be provided to consumers who return their old electric bicycles to their personal names and purchase new ones. That is to say, in addition to the amount spent on selling old items, consumers will also receive subsidies for purchasing new ones.

Encourage consumers to purchase qualified new electric bicycles produced by enterprises that comply with the "Standard Conditions for the Electric Bicycle Industry". The purchased lithium-ion battery electric bicycle should also comply with the safety technical specifications for lithium-ion batteries used in electric bicycles (GB 43854).