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The new subsidy policy for new energy vehicles has been officially announced, and the four ministries and commissions of the country have jointly issued the Circular on further improving the Financial subsidy Policy for the Promotion and Application of New Energy vehicles, confirming that the subsidy retreat is certain. For us consumers, the most intuitive thing is that the prices of new energy vehicles will rise collectively, especially those in limited cities have to accept the fact that they pay more. The new subsidy policy for new energy vehicles has the following specific changes: 1. The battery life requirement of the electric car subsidy is increased, only the electric car with a range of more than 250 km can get the subsidy, the model below 250 km cancels all subsidies, and the subsidy is also divided into gears.
The list of subsidies for new energy vehicles was officially released today to see which car companies receive the most subsidies. The Ministry of Industry and Information Technology issued a notice on the liquidation and examination of subsidy funds for the promotion and application of new energy vehicles in 2017. more than 200000 new energy vehicles applied for subsidies, involving 22.027 billion yuan in subsidy funds. Yutong Motors and BYD "got soft hands" when they got the subsidies. According to public information, a total of 236881 new energy vehicles have declared subsidies, of which 29472 vehicles do not meet the subsidy requirements, so a total of 207409 models finally received subsidies, accumulating liquidation subsidies.
Within these two days, the Office of the Guangzhou New Energy Development leading Group issued the Circular on the Local Financial subsidy Standard for the purchase of New Energy vehicles in 2019 and 2020. The notice defines the local financial subsidy standards for the purchase of new energy vehicles in Guangzhou in 2019 and 2020. According to the notice, Guangzhou will provide phased subsidies for the purchase of new energy vehicles. During the period from January 1 to June 25, 2019, after obtaining the state subsidy, fuel cell vehicles are subsidized by a proportion that does not exceed 1:1 of the state subsidy, and pure electric vehicles are subsidized by a proportion that does not exceed the state subsidy of 10.5.
China's new energy industry has developed rapidly through large subsidies, license restrictions and other measures. China sold 1.25 million new energy vehicles in 2018, while global sales were 2 million, accounting for more than half of global sales again, reaching 62.5 per cent. However, after the official announcement of the new energy subsidy policy in 2019, the decline of more than 50% has once again dealt a heavy blow to China's new energy industry, and many analysts say that without subsidies, the industry will usher in a wave of reshuffle and closure. At present, a number of car companies have taken measures not to raise prices for the time being, in order to maintain market competition and sales. In response to the fact that subsidies have been greatly reduced, several electric companies.
On March 6, the unprecedented subsidy from the Hubei provincial government attracted market attention, with some car companies' subsidies plus government subsidies up to 90,000 yuan. According to the recent report of Automotive Industry concern, Dongfeng brands such as Dongfeng Honda, Dongfeng Peugeot, Dongfeng Citroen, Dongfeng Lantu and Dongfeng Fengshen participate in car purchase subsidies.
The Ministry of Industry and Information Technology calculated that the subsidy funds for the promotion and application of new energy vehicles in 2017 totaled 22 billion yuan, of which Yutong bus and BYD took a total of 8 billion. In the publicity list, in addition to conventional pure electric and plug-in hybrid models, several fuel cell vehicles are also subsidized, each with a subsidy of up to 500000 yuan. There are only two fuel cell vehicle companies that apply for subsidies, namely Dongfeng Automobile Group Co., Ltd. And Shanghai Automobile Commercial vehicle Co., Ltd. Among them, Dongfeng Automobile Group Co., Ltd. declared and promoted 114 fuel cell vehicles, approved 114 vehicles, each vehicle state subsidy of 500000 yuan, the most.
Before the announcement of the retrograde policy on new energy subsidies, the website of the Ministry of Industry and Information Technology released the latest issue of the "Public announcement on the preliminary Review of subsidy funds for the Promotion and Application of New Energy vehicles in 2016 and previous years" to liquidate the subsidies for new energy vehicles before 2016. this shows that nearly 100 car companies will share the central subsidy of 12.6 billion, of which BYD takes more than 1/5. Coupled with the subsidies that have been issued before, the amount of subsidies granted by the central government to new energy vehicles has reached nearly 100 billion yuan. The Ministry of Industry and Information Technology has announced a total of six batches of new energy vehicle subsidy list, in this (sixth batch) subsidy publicity, mainly for 2016 and before.
In Beijing, starting from June 26, local government subsidies for new energy vehicles will be officially abolished, while the national subsidy standard will be reduced by more than 50%, and the overall subsidy will decline by more than 50%. With the formal end of the transition period of financial subsidies for new energy vehicles, the decline of new energy subsidies makes many car companies have survival anxiety. On June 25th, BYD officially announced that the prices of all its EV models on sale would remain unchanged after the 2018 subsidy and would not change with the adjustment of subsidy-related policies. Its models on sale can still enjoy a maximum subsidy of 99000. In terms of the details of the insurance policy, BYD officially announced that not only.
Chengdu Finance Bureau issued a notice on the rules for the implementation of municipal subsidies for new energy vehicles in Chengdu. The contents are as follows: consumers who purchase new energy vehicles (except second-hand cars) in Chengdu and register with the city's public security vehicle management department will receive additional municipal subsidies on the basis of central financial subsidies, the amount of subsidy is 50% of the central financial bicycle subsidy. The subsidy in the notice refers to the new energy vehicles that comply with the relevant regulations and are included in the catalogue of recommended models for the promotion and application of new energy vehicles issued by the Ministry of Industry and Information Technology, and have enjoyed central financial subsidies, including pure electric vehicles, plug-in hybrids (including incremental programs).
With the nearing decline of subsidies for new energy vehicles, a number of car companies have issued new policies to attract consumers. As a weather vane for the new energy vehicle industry, BYD issued a model price adjustment note on November 23, announcing that it would adjust and increase the official guidance prices of dynasty, ocean and momentum-related new energy models.
The list of subsidies for new energy vehicles was officially released today to see which car companies receive the most subsidies. The Ministry of Industry and Information Technology issued a public notice on the liquidation and examination of subsidy funds for the promotion and application of new energy vehicles in 2017. about 400000 New year energy vehicles were subsidized by enterprises, involving 13.696 billion of the subsidy funds. BYD is still the big winner of this subsidy.
In order to expand competition in the domestic new energy vehicle market, the new energy vehicle subsidy policy in 2021 is declining once, of which the new energy subsidy policy is 20% lower than that in 2020, which means that many new energy vehicle enterprises will be affected again.
In March this year, Hubei Province launched the strongest car purchase subsidy policy in history, of which Dongfeng Citroen received the most attention. The Citroen C6 co-creation model and C6 comfort model with an original guidance price of 211900 yuan and 226800 yuan dropped by 90, 000 yuan. Plus purchase tax, license fees and insurance, Citroen C
As we all know, the domestic new energy subsidy policy will decline sharply this year, but the specific policy has not yet been announced. It is said that the state subsidy will decline and the land subsidy will be cancelled until 2021. This measure not only makes enterprises that rely on subsidies lose their support, and many domestic electric cars have to implement price increases or other remedial measures as the subsidies retreat, how to implement "changing lanes to overtake"? With regard to the plan to withdraw subsidies in the future, Chen Hong, chairman of SAIC Group, said that China's new energy vehicles are still mainly policy-driven, and the market driving force is not strong enough. After the purchase subsidy is cancelled by 2020, if there is no other policy to follow up.
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Subsidies of policy will play a positive role for car companies no matter how much or less they are, especially in the market under the influence of COVID-19 epidemic. Subsidies are very important for car companies. A few days ago, Haima Motors announced that it and its subsidiaries recently received three more subsidies, totaling 14.5472 million yuan.
Since the National Development and Reform Commission and other ten ministries and commissions issued policies to encourage automobile consumption and a new round of "cars going to the countryside", a number of automobile companies have launched preferential policies one after another. After FAW-Volkswagen, Changan Auchan, Haima Automobile and Beijing Automobile, SAIC-Volkswagen, Dongfeng Nissan and Great Wall Harvard have also joined the ranks of discounted car purchases in the countryside. Harvard Brand officially announced that from now until February 28, H6, H2 and M6 models of the Harvard brand all participate in subsidies for cars going to the countryside, including red envelopes for car purchases and subsidies for car manufacturers to the countryside. Among them, H6 subsidy is the biggest, and consumers will enjoy red envelopes with a maximum value of 4999 yuan for car purchases, as well as the highest.
On January 1, Xilai issued a subsidy plan for car purchase in 2022: users who pay a deposit to purchase ES8, ES6 and EC6 before December 31, 2021, and pick up their cars before March 31, 2022, can still enjoy subsidies in accordance with the 2021 national subsidy standard, and the difference will be borne by Wei. In addition, Weilai also announced a preferential plan for car purchase in January 2022: users who buy new ES8, ES6 and EC6 from now on to January 31, and choose BaaS Weilai battery rental service, Lai 75kWh standard battery pack version of the model can enjoy personal subsidy of 11340 yuan.
On September 6th, the Ministry of Industry and Information Technology issued the announcement on the preliminary examination of the liquidation and examination of subsidy funds for the promotion and application of new energy vehicles in 2016-2020. According to the public announcement, the sale of 1.0974 million new energy vehicles was completed from 2016 to 2020, with a total subsidy of 32.946 billion yuan after the whole vehicle enterprises were restructured. From the perspective of car companies, BYD, BAIC, Dongfeng Motor, Tesla, Chery, Geely Automobile, Great Wall Motor, SAIC and Guangzhou Automobile will receive more than 1 billion yuan in subsidy funds in this liquidation. BYD can get a subsidy of 3.98 billion yuan. In 2020, the enterprise.
Local subsidies for new energy vehicles in Shenzhen are withdrawn. On February 18, the Shenzhen Municipal Development and Reform Commission issued the latest detailed rules for the implementation of Financial subsidies for the Promotion and Application of New Energy vehicles, pointing out that new energy vehicles licensed after August 7, 2019 will no longer be subsidized for purchase. Full text of the policy: the detailed rules for the implementation of financial subsidies for the promotion and application of new energy vehicles in Shenzhen from 2019 to 2020 are to implement the notice of the Development and Reform Commission of the Ministry of Industry and Information Technology of the Ministry of Finance on further improving the financial subsidy policy for the promotion and application of new energy vehicles (Caijian (2019) 138C) (hereinafter referred to as Caijian (2019) 138C).
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