2017 is about to pass. Many new energy vehicle policies have expired or are facing a new start. Some policies have been rumored to be adjusted before. This article sorts out the new energy vehicle policies that may change in 2018. Let us Follow it together.
Will local subsidies be withdrawn early?
On December 15th, Lu Huaping, assistant secretary-general of the National Passenger Car Market Information Joint Council, said that the Chinese government is studying and adjusting the central fiscal subsidy policy in 2018, and tends to encourage high mileage and low energy consumption vehicles. At the same time, the cancellation of local subsidies is also a high probability event. Another person close to the policy formulation said that Beijing may take the lead in withdrawing local subsidies in 2018. Niu Jinming, director of the Beijing New Energy Vehicle Promotion Center, said that this information is not yet known.
In 2018, it is not yet known whether local subsidies for new energy vehicles will withdraw. However, the Electric Vehicle Resource Network learned that Wenzhou has issued the 2018 local subsidy standard for new energy vehicles. Of course, we are not sure whether local subsidies will be phased out. At this stage, there should be no need to worry too much.
Will the operating requirements of 30,000 kilometers be adjusted?
Since 2017, the mileage requirement of 30,000 kilometers has been the focus of attention in the industry. Previously, it was reported that the China Automobile Association submitted a proposal on "30,000 kilometers" to the Ministry of Industry and Information Technology. The proposal has adjusted three major areas, mainly in new energy passenger vehicles for lease, passenger cars for commuting, and new energy logistics. Cars are adjusted to 10,000 kilometers, and other types of models remain unchanged. However, the relevant personnel of the Ministry of Finance responded informally to the news that the passenger car sector may be loosened and commercial vehicles will not change.
Some insiders have said that it is unlikely that the 30,000-km policy will be revised in the short term. The reason is that the 30,000-kilometer mileage requirement has a significant effect on the fraudulent compensation situation of clean energy vehicles. But in fact, as the saying goes, "There are policies at the top, and there are countermeasures at the bottom." A person familiar with the matter revealed to the Electric Vehicle Resource Network that some companies will operate idle new energy vehicles empty in order to obtain subsidies for new energy vehicles. The relevant departments should respond to " The situation of “false operation of idle vehicles” shall be verified. Of course, for companies that operate new energy vehicles honestly, the 30,000-kilometer policy does bring greater pressure on related companies to advance capital.
Will the new energy vehicle purchase tax exemption policy be extended?
In August 2014, in order to encourage the development of new energy, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology jointly issued the "Announcement on the Exemption of New Energy Vehicle Purchase Tax", stating that it was included in the "Catalogue of New Energy Vehicles Exempted from Vehicle Purchase Tax" 》’S new energy vehicles will be exempted from purchase tax, and the deadline is December 31, 2017, which means that the new energy exemption from purchase tax will expire this year.
On July 11 this year, the China Association of Automobile Manufacturers publicly stated that the proposal to extend the new energy vehicle purchase tax reduction policy has been submitted to the relevant ministries and commissions and is under consideration. On August 7, the Ministry of Finance and the State Administration of Taxation issued the "Vehicle Purchase Tax Law of the People's Republic of China (Draft for Comment)" to solicit public opinions. Other circumstances under which the State Council approves tax exemption or tax reduction: The State Council can continue to authorize the State Council to continue to authorize the temporary reduction or exemption of vehicle purchase tax policies such as eligible new energy vehicles, public automobile and electric vehicles.
According to foreign media reports, according to people familiar with the matter, China has implemented a policy of exempting new energy vehicles from vehicle purchase tax for at least 2020. Dong Yang, executive vice president of the China Association of Automobile Manufacturers, said in an interview with reporters that it is still not possible to verify this. A member of the Expert Committee of the China Automobile Dealers Association affirmatively told reporters: “The news is reliable.” December 31, 2017 is already around the corner, and whether the purchase tax exemption policy is postponed is also very important for the performance of the new energy vehicle market next year.
Will the tax exemption and recommended directories be merged?
From the current point of view, there are two major policies for new energy vehicle purchase discounts, one is the recommended catalog, and the other is the purchase tax exemption catalog. Combining the 2017 recommendation catalog and the purchase tax exemption catalog, most of the current models in the recommended catalog have entered Purchase tax exemption catalog. As mentioned above, the new energy vehicle purchase tax exemption policy will expire at the end of this year. Some industry media and related persons believe that the "recommended catalog" and the "purchase tax exempt catalog" may be merged and unified. However, regarding this speculation, there is no government-level news that has flowed out, and we will continue to pay attention.
Under the double points system, how do traditional car companies transform?
On September 27, 2017, the "Measures for the Parallel Management of Passenger Car Companies' Average Fuel Consumption and New Energy Vehicle Credits" was officially released. This policy will be implemented on April 1, 2018. As far as Great Wall Motor is concerned, based on the current sales of Great Wall Motor’s products and fuel products, once the new energy double points method is implemented, Great Wall Motors will definitely not meet the standards. In order to cope with the crisis of substandard points, Great Wall Motor acquired a 25% stake in Hebei Yujie by way of capital increase. The two parties will launch a new energy vehicle brand-"Yujie Great Wall". In the future, all positive points for Hebei Yujie’s average fuel consumption will be directly transferred to Great Wall Motors in order to reduce the latter’s average fuel consumption level. Hebei Yujie’s positive points for new energy vehicles will be sold to Great Wall Motors under the same conditions. On October 19, Changan Automobile announced the "Shangri-La" strategy, planning to invest more than 100 billion yuan in the entire industry chain, and realize the full switch from traditional vehicles to new energy vehicles by 2025. According to the plan, Changan Automobile will complete the construction of three new energy dedicated platforms in 2020; by 2025, it will completely stop selling traditional fuel vehicles.
On December 9, BAIC Group’s party secretary and chairman Xu Heyi stated that BAIC will be committed to tightening restrictions and eventually stopping all traditional fuel vehicles that do not use new energy and broadly new energy technologies in its own brand passenger vehicles in China. Production and sales. In addition to special vehicles and special-purpose vehicles, Beijing will be the first to completely stop the sales of its own-brand traditional fuel passenger vehicles in Beijing by 2020, and stop the production and sales of its own-brand traditional fuel passenger vehicles in China by 2025.
For traditional car companies, in addition to rationally arranging the production ratio of traditional energy passenger vehicles and new energy passenger vehicles, how to gradually carry out a strategic transformation to new energy vehicles has also become the focus of attention in the future.
In fact, in addition to the above policies, with the advent of 2018, the time point for the withdrawal of new energy vehicle subsidies in 2020 is approaching. After the subsidy is withdrawn, how will the new energy vehicle industry continue? In addition, in 2018, new vehicle forces will be concentrated on the market. However, due to the lack of production qualifications, most new vehicle forces can only use the form of OEM to produce electric vehicles. For them, the qualification application for new energy vehicles must be Will be put on the agenda, so how can I pass the application? When will the application for the new pure electric passenger car project be restarted? After the implementation of the dual-point policy in 2018, how should the dual-point transaction be implemented? All of this is a topic that the new energy automobile industry needs to pay attention to next year.