National policy for new energy electric vehicles: The current state support for the consumer side of new energy vehicles can be summarized into three aspects: monetary subsidies, tax exemptions, and license plate rights of way.
It will be implemented from February 12, 2018, and the transition period will be from February 12 to June 11. New energy passenger cars and new energy buses licensed during the transition period will be subsidized at 0.7 times the previous corresponding standards, new energy trucks and special vehicles will be subsidized at 0.4 times, and the subsidy standards for fuel cell vehicles will remain unchanged.
Starting from 2018, local purchase subsidy funds for new energy vehicles will gradually be transferred to support the construction and operation of charging infrastructure, the use and operation of new energy vehicles, and other links.
New energy vehicle subsidy standards:
In order to implement the State Council’s deployment and requirements on cultivating strategic emerging industries and strengthening energy conservation and emission reduction work, the central government has allocated special funds to support the development of Pilot program of subsidies for private purchases of new energy vehicles.
Technical requirements for new energy passenger vehicles: The maximum speed of pure electric passenger vehicles for 30 minutes is not less than 100km/h. The mass energy density of the power battery system of pure electric passenger vehicles shall not be less than 90Wh/kg, and a subsidy of 1.1 times will be provided for those above 120Wh/kg.