Do Shanghainese need social security to buy new energy vehicles?

1. Personal Credit Information: Good personal credit information is one of the prerequisites for purchasing new energy vehicles. Through social security records, we can better understand the work and life of individuals, so as to evaluate their credit status.

2. Requirements for residence permit and social security: According to the Implementation Measures of Shanghai Municipality for Encouraging the Purchase and Use of New Energy Vehicles, non-local residents who hold valid residence permits in this Municipality and have paid social security in this Municipality for 1 year in the past 24 months can purchase new energy vehicles. This requirement aims to ensure that car buyers have a stable residence and employment base in Shanghai and reduce the risk of default.