New energy vehicles are again getting favorable policies for domestic auto companies to take the lead in implementing subsidies

Abstract China's new energy automobile industry continues to enjoy favorable policies. On February 13th, the Equipment Industry Department of the Ministry of Industry and Information Technology released the seventh batch of “Catalogues for Energy-Saving New Energy Vehicles with Enjoyable Vehicle Taxes and Reductions”, and a number of models were selected. Industry insiders said that with the intensification of competition in the domestic auto market...

China's new energy auto industry continues to gain favorable policies. On February 13th, the Equipment Industry Department of the Ministry of Industry and Information Technology released the seventh batch of “Catalogues for Energy-Saving New Energy Vehicles with Enjoyable Vehicle Taxes and Reductions”, and a number of models were selected. According to industry insiders, with the intensification of competition in the domestic auto market, new energy vehicles have become new positions for major auto companies to compete for profit contribution points.

On February 13th, the Ministry of Industry and Information Technology released a total of 420 models of car and boat tax reductions, including 49 energy-saving cars and 371 new energy vehicles. According to the public documents, this batch catalogue includes a number of models including Guangqi Honda, GAC Toyota, SAIC Volkswagen, Beiqi Foton, BYD, Changan Automobile and so on.

According to the China Association of Automobile Manufacturers, in 2018, China's automobile production and sales completed 27.809 million units and 28.081 million units respectively, with production and sales falling by 4.2% and 2.8% respectively over the same period of the previous year. However, new energy vehicles still achieved rapid growth in 2018, with production and sales of 1.27 million units and 1.256 million units respectively, an increase of 59.9% and 61.7% over the same period of the previous year.

There are new energy vehicles "energy saving" is questioned

At the same time as the new energy vehicles received policy support, it was reported yesterday that the domestic new energy vehicle company Weilai ES8 was questioned by the testers, saying that Weilai ES8 consumes 50 degrees of electricity per 100 kilometers, which is equivalent to 40 liters of diesel. The car company is as energy-saving as it is. In response, the relevant person in charge of Weilai Company responded on Weibo that the so-called 100~40 liters of diesel oil and 1 kWh of electricity per kilometer are not objective and misleading, and indicate that the electric vehicle consumes electricity and uses the environment. Scenes, driving habits, etc. are all related. The person in charge also said that if it is a long-distance 30 °C long distance, he personally does not recommend driving an electric car. At the same time, the person in charge said that due to the impact of battery technology, there is still a gap between single battery life and oil trucks. For the tester's article, the use of diesel vehicles to power the test site is an effective measure in the no-pillar area.

Some insiders said that with the development of China's new energy automobile industry, it has attracted many new powers to build cars. From the overall development level, China's new energy automobile industry is still developing.

Domestic car companies take the lead in implementing car subsidies

In order to promote the development of the domestic automobile industry, on January 29, the National Development and Reform Commission and other 10 ministries and commissions jointly issued the “Implementation Plan for Further Optimizing Supply to Promote Steady Growth in Consumption and Promote the Formation of a Strong Domestic Market (2019)” (hereinafter referred to as the “Implementation Plan”) In the "Implementation Plan", it is specifically mentioned that to promote automobile consumption, it is necessary to stabilize the consumption of automobiles to support the "big head" of commodity consumption, and better meet the needs of residents' travel. The key point is to promote the renewal and scrapping of old cars in an orderly manner, continuously optimize the subsidy structure of new energy vehicles, and promote the upgrading of rural vehicles.

On February 13, Changan Auchan announced that it would take the lead in implementing the subsidy for vehicles going to the countryside, and the maximum subsidy of 22,000 yuan.

The industry said that the current domestic auto market is highly competitive, in order to meet the policy package issued by the national ministries and commissions, or more car companies to join the ranks of subsidies.

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