The supplementary liquidation of new energy vehicles has great advantages for many companies. The implementation of the New Deal has also accelerated the "shuffle" of the industry. Low-end companies that rely on subsidies to survive are destined to be eliminated. Only by accelerating innovation drive and improving product strength can new energy vehicle companies offset the impact of declining subsidies. The much-anticipated financial subsidy policy for new energy vehicles has finally been released. On the 26th, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission clarified the 2019 new energy vehicle subsidy standards and settlement methods. The 2019 New Deal proposes that pure electric passenger cars have a cruising range of not less than 250 kilometers, plug-in hybrid passenger cars have a cruising range of not less than 50 kilometers, and subsidized passenger cars have a cruising range of only 250 to 400 kilometers and more than 400 kilometers. . Compared with the previous year, subsidies for pure electric passenger cars have been reduced by nearly half. Cui Dongshu, secretary-general of the National Passenger Car Association, said that unlike previous years when the energy density threshold for new energy vehicle power battery systems was significantly raised, this policy appropriately raises the technical index threshold based on the principles of advanced technology, reliable quality, and guaranteed safety, and maintains The upper limit of technical indicators remains basically unchanged, focusing on supporting high-quality products with high energy consumption and high technical level, while encouraging enterprises to focus on safety and consistency.
In response to the problem of untimely payment of subsidy funds, the New Deal proposes to improve the liquidation system and improve the efficiency of fund use. It is required that from 2019, part of the funds be allocated in advance after vehicles with operating mileage requirements are sold and license plates are obtained. After reaching the mileage requirements, you can apply for liquidation according to the procedures. After the policy is promulgated, vehicles with operating mileage requirements that have traveled less than 20,000 kilometers within 2 years from the date of registration will not be subsidized, and pre-appropriated funds will be deducted during liquidation.
It is understood that new energy vehicle subsidies are divided into central financial subsidies and local financial subsidies. After enterprises submit application documents and materials, they must be reviewed by the National Development and Reform Commission, Finance Commission, Ministry of Industry and Information Technology, and Ministry of Finance; local financial subsidies involve many cities, and the application procedures are also different. Some enterprises reported that compared with central financial subsidies, local financial subsidies have many links and long procedures, and the payment progress is more difficult to determine.