BAIC BJEV recently launched an 1800 million yuan replacement fund for car owners who want to change their existing vehicles to new energy BAIC BJEV EU260 and EX200 electric cars.

Until December 31, E150EV owners whose cars meet primary and secondary fuel standards and who want to buy a EU260 or EX200 car can enjoy a replacement subsidy of 5000 yuan and a 2.5-2.8 percent loan discount.

BAIC BJEC has also released used-car test standards for 108 items, filling a domestic gap in the testing of new energy electric cars.