# Xiaomi Vision GT

China Pushes Auto Demand with Provincial Trade‑In Schemes as New EV Makers Rack Up Deliveries and Xiaomi Unveils Supercar Concept

Provincial rollouts of China’s 2026 vehicle subsidy and trade‑in rules aim to stabilise car demand and accelerate fleet renewal, with Shenzhen offering significant purchase rebates for NEVs and small petrol cars. February delivery figures show strong volumes from several new EV makers and mixed results among incumbents, while Xiaomi’s Vision GT concept and ADAS usage data underscore the sector’s technological pivot and intensifying competition.