How long does it take to subsidize new energy vehicles?

It is estimated that it will take about 3-6 months. As far as 2022 is concerned, the current car purchase subsidy is only for new energy vehicles, and users who purchase new energy vehicles that meet the subsidy conditions need to apply for subsidies to enjoy them.

Take Shenzhen as an example. After the user completes the subsidy application online, the platform needs to conduct a preliminary review of the relevant application. After the initial evaluation results are announced, the platform will send the customer declaration information to the Shenzhen Development and Reform Commission for final review on a monthly basis. After the approval, the user will receive a SMS reminder and the subsidy will be paid within 60 working days.

60 working days is not just two months, because weekends and holidays are not working days, so it takes three months to get the approval. If it is a big city with a large population, the delivery time is expected to be longer.