China promotes the introduction of energy-saving and new energy vehicle pricing and preferential tax policies--Development and Reform Commission


Reuters, Shanghai, February 18th - Xie Zhenhua, deputy director of China's National Development and Reform Commission, said that it will promote the introduction of energy-saving and new energy vehicle tariffs and preferential tax policies; timely increase of passenger car and light commercial vehicle fuel consumption limit standards , And introduced heavy-duty commercial vehicle fuel consumption limit standards.

The press release published on the website of the National Development and Reform Commission quoted Xie Zhenhua as saying that the National Development and Reform Commission will work with relevant departments to promote the industrialization of pure electric vehicles, plug-in hybrid electric vehicles and their parts and components, and support the construction of energy-saving and new energy vehicle infrastructure, and establish electric power. Car fast charging network, accelerate the construction of parking facilities and other public places charging facilities.

He said that the National Development and Reform Commission will coordinate the pilot work of demonstrating and promoting energy-saving and new energy vehicles in 13 cities; exploring ways and means of promoting energy-saving and new energy vehicles in large areas, starting with mild hybrid vehicles with automatic start-stop functions, Direct subsidies are used for promotion, and the scope of promotion has gradually expanded to other hybrid vehicles, pure electric vehicles, etc.

China recently released a plan for the adjustment and revitalization of the automobile industry. The plan points out that the strategy for new energy vehicles will be implemented and the industrialization of electric vehicles and their key components will be promoted. China’s Minister of Science and Technology Wan Gang stated in November last year that it will strive to promote new energy in China by 2012. Car ownership reached 60,000 vehicles.

The press release issued by the Ministry of Finance of China on a website later on Tuesday clearly stated that the central government will provide a one-time fixed subsidy for the purchase of energy-saving and new energy vehicles based on basic differences with similar conventional vehicles, taking appropriate consideration of scale effects, technological progress, and other factors. Passenger cars and light commercial vehicles, hybrid vehicles according to the degree of mixing and fuel economy is divided into 5 files, the maximum subsidy of 50,000 yuan each; pure electric vehicles each subsidy 60,000 yuan; fuel cell vehicles each subsidy 250,000 yuan .

More than 10 meters in the length of urban public transport buses is the focus of this subsidy, in which hybrid buses have a subsidy of up to 420,000 yuan each, pure electric vehicles and fuel cell buses each subsidize 500,000 yuan and 600,000 yuan each. At the same time, they require local financial arrangements. Supporting funds, appropriate subsidies are given for related expenditures such as the purchase of energy-saving and new energy vehicles, construction of auxiliary facilities, and maintenance.

Statistics show that as of the end of 2007, the number of motor vehicles in China was 159.8 million vehicles.

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