On the 20th, the Chinese government announced the subsidy policy for the construction and operation of new energy vehicle charging infrastructure in 2016-2020. According to the regulations, the larger the scale of promotion of new energy vehicles in various places, the more reward funds can be obtained.

According to the Ministry of Finance, Industry and Information Technology and other ministries and commissions jointly issued the "13th Five-Year" new energy vehicle charging infrastructure incentive policy and the promotion of new energy vehicles promotion and application notice, all provinces and autonomous regions to obtain new energy vehicle charging foundation The fund for the construction and operation of the facilities must meet a certain scale of promotion.

Among them, Beijing, Shanghai, Tianjin, Hebei and other key areas of air pollution control and key provinces and cities, the number of new energy vehicles (standard vehicles) should be no less than 30,000 vehicles in 2016, and the number of promotion accounts for new and updated areas in the region. The total proportion of cars is not less than 2%. Since then, it has increased year by year. By 2020, the number of promotion should be no less than 70,000 units, accounting for no less than 6%.

In the Central Province and Fujian Province, the number of new energy vehicles to be promoted in 2016 should not be less than 18,000 vehicles, accounting for no less than 1.5%; the number of promotion in other provinces (autonomous regions and municipalities) should not be less than 10,000 vehicles in 2016, accounting for less than 10,000 vehicles. The ratio should not be less than 1%.

On this basis, the greater the amount of promotion, the more funds are awarded.

According to the notice, the prize money should be used exclusively to support the construction, operation, renovation and upgrading of charging facilities, and should not be used to balance local financial resources, nor can it be used for new energy vehicle purchase subsidies and new energy vehicle operation subsidies.

In the context of tackling the increasingly urgent air pollution, new energy vehicles have become China's development priorities in recent years. The "Made in China 2025" issued in 2015 clearly stated that it will continue to support the development of electric vehicles and fuel vehicles. The "13th Five-Year Plan" proposal also includes the promotion of new energy vehicles in national important plans.

Driven by factors such as favorable policies, China has become one of the world's largest new energy vehicle markets. According to the data of China Association of Automobile Manufacturers, in 2015, the production and sales volume of new energy vehicles in China exceeded 300,000 units, an increase of 3.3 times and 3.4 times respectively.

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