New energy vehicles will usher in the biggest positive policy. Recently, relevant responsible persons of the Ministry of Industry and Information Technology revealed at the Global Energy Conservation and New Energy Vehicle Summit: China's long-awaited "Energy Conservation and New Energy Vehicle Industry Development Plan (2012-2020)" (hereinafter referred to as "Planning") will be issued by the State Council in the near future. Implementation. Among them, the most noticeable is that the subsidy channels for new energy vehicles have changed, with the government subsidizing a sum of money instead of directly reducing taxes.
The subsidy channel changes the new policy that from 2011 to 2020, the purchase of pure electric vehicles and plug-in hybrid vehicles will be exempted from vehicle purchase tax; in terms of energy-saving vehicles, from 2011 to 2015, medium- and heavy-duty hybrid vehicles will be halved. Vehicle purchase tax, consumption tax and vehicle and boat tax are levied. According to industry experts, this means that purchasing pure electric vehicles and plug-in hybrid vehicles can reduce car purchase costs by about 10%. If you buy a medium-strong hybrid car, you pay 15% less.
For the upcoming New Deal, a number of auto companies interviewed by the reporter said that although the subsidy was less than expected, there was no "white bar" phenomenon, which reduced the burden on car companies and favored the implementation.
The previous policy was to use the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the National Development and Reform Commission in 2010 to jointly issue the Notice on Launching Private Subsidy Pilots for New Energy Vehicles in Shanghai, Changchun, Shenzhen, and Hangzhou. Five cities such as Hefei and Hefei started private subsidies for the purchase of new energy vehicles. The central government provided a one-off subsidy for plug-in hybrid passenger cars and pure electric passenger cars that were privately purchased, registered, and used in pilot cities. The plug-in hybrid passenger car has a maximum subsidy of 50,000 yuan for each vehicle, and a subsidy of 60,000 yuan for a pure electric passenger car. The subsidy funds are allocated to automobile manufacturers, and new energy vehicles are sold to private users or leasing companies at the price after deducting subsidies. Since then, various local governments have issued corresponding local supplementary subsidies, the highest being Hangzhou, with a total subsidy of 126,000 yuan.
In this policy, some enterprises report that, under the current subsidy policy for new energy vehicles, although the maximum amount of subsidies can be up to 120,000 yuan, on the one hand, subsidies will be paid by the auto companies first, and then the relevant departments will apply for return and will take up. The large amount of capital of the company causes great financial pressure on the company; at the same time, the current policy means that the more new energy vehicles and hybrid vehicles sold in China, the more money will be needed to finance it. For the New Deal to be implemented, regardless of the number of cars sold, the impact on fiscal revenues and expenditures will be negligible, but tax relief will be more feasible.
The plan to catch up with 5 million vehicles in 2020 is also clear again that the main strategic orientation of China’s new energy vehicles will be pure electric vehicles, while the current focus is on pure electric vehicles and plug-in hybrid vehicles.
By 2015, the cumulative production and sales volume of China's pure electric vehicles and plug-in hybrid vehicles will reach 500,000, and by 2020, it will exceed 5 million. In terms of industry structure, by 2020, China will cultivate an automobile group that will produce 1 to 2 new energy vehicles with a production and sales scale of more than 1 million vehicles.
Prior to this, China has conducted demonstration and promotion of new energy vehicles in public services in 25 cities, and has carried out pilot subsidies for private purchases of new energy vehicles in six cities. During the period, the demonstration and promotion of various types of energy-saving and new energy vehicles has reached 16,000, including more than 8,000 new energy vehicles. At the same time, in the process of market cultivation and promotion, the number of actual promotions did not reach the expected target because some supporting policies did not follow up. China's new energy vehicles still have a long way to go.
The subsidy channel changes the new policy that from 2011 to 2020, the purchase of pure electric vehicles and plug-in hybrid vehicles will be exempted from vehicle purchase tax; in terms of energy-saving vehicles, from 2011 to 2015, medium- and heavy-duty hybrid vehicles will be halved. Vehicle purchase tax, consumption tax and vehicle and boat tax are levied. According to industry experts, this means that purchasing pure electric vehicles and plug-in hybrid vehicles can reduce car purchase costs by about 10%. If you buy a medium-strong hybrid car, you pay 15% less.
For the upcoming New Deal, a number of auto companies interviewed by the reporter said that although the subsidy was less than expected, there was no "white bar" phenomenon, which reduced the burden on car companies and favored the implementation.
The previous policy was to use the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the National Development and Reform Commission in 2010 to jointly issue the Notice on Launching Private Subsidy Pilots for New Energy Vehicles in Shanghai, Changchun, Shenzhen, and Hangzhou. Five cities such as Hefei and Hefei started private subsidies for the purchase of new energy vehicles. The central government provided a one-off subsidy for plug-in hybrid passenger cars and pure electric passenger cars that were privately purchased, registered, and used in pilot cities. The plug-in hybrid passenger car has a maximum subsidy of 50,000 yuan for each vehicle, and a subsidy of 60,000 yuan for a pure electric passenger car. The subsidy funds are allocated to automobile manufacturers, and new energy vehicles are sold to private users or leasing companies at the price after deducting subsidies. Since then, various local governments have issued corresponding local supplementary subsidies, the highest being Hangzhou, with a total subsidy of 126,000 yuan.
In this policy, some enterprises report that, under the current subsidy policy for new energy vehicles, although the maximum amount of subsidies can be up to 120,000 yuan, on the one hand, subsidies will be paid by the auto companies first, and then the relevant departments will apply for return and will take up. The large amount of capital of the company causes great financial pressure on the company; at the same time, the current policy means that the more new energy vehicles and hybrid vehicles sold in China, the more money will be needed to finance it. For the New Deal to be implemented, regardless of the number of cars sold, the impact on fiscal revenues and expenditures will be negligible, but tax relief will be more feasible.
The plan to catch up with 5 million vehicles in 2020 is also clear again that the main strategic orientation of China’s new energy vehicles will be pure electric vehicles, while the current focus is on pure electric vehicles and plug-in hybrid vehicles.
By 2015, the cumulative production and sales volume of China's pure electric vehicles and plug-in hybrid vehicles will reach 500,000, and by 2020, it will exceed 5 million. In terms of industry structure, by 2020, China will cultivate an automobile group that will produce 1 to 2 new energy vehicles with a production and sales scale of more than 1 million vehicles.
Prior to this, China has conducted demonstration and promotion of new energy vehicles in public services in 25 cities, and has carried out pilot subsidies for private purchases of new energy vehicles in six cities. During the period, the demonstration and promotion of various types of energy-saving and new energy vehicles has reached 16,000, including more than 8,000 new energy vehicles. At the same time, in the process of market cultivation and promotion, the number of actual promotions did not reach the expected target because some supporting policies did not follow up. China's new energy vehicles still have a long way to go.
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