Four ministries and commissions of China: extension of new energy vehicle subsidy support policy

  China News Agency, Beijing, April 23 (Reporter Zhao Jianhua) The Ministry of Finance, Ministry of Industry and Information Technology, Ministry of Science and Technology, and National Development and Reform Commission announced on the 23rd that they will improve the policy of financial subsidies for the promotion and application of new energy vehicles: extend the duration of subsidies and ease subsidies Retreat intensity and pace; properly optimize technical indicators to promote better and stronger industries; improve the fund clearing system and improve the accuracy of subsidies; adjust the method of subsidies and launch demonstration applications of fuel cell vehicles.

  The four ministries and commissions announced that they will extend the implementation period of the fiscal energy subsidy policy for new energy vehicles to the end of 2022. To ease the intensity and rhythm of subsidy retreat, in principle, the subsidy standards for 2020-2022 will be 10%, 20%, and 30% retreat from the previous year. Vehicles that meet the requirements of urban public transport, road passenger transportation, rental (including car rental), environmental sanitation, urban logistics and distribution, postal express, civil aviation airports, and party and government agencies, the subsidy standard in 2020 will not retreat, and the subsidy standard in 2021-2022 Retreat by 10% and 20% respectively based on the previous year. In principle, the maximum annual subsidy size is about 2 million vehicles.

  In 2020, the technical indicators such as the energy density of the power battery system will not be adjusted, and the threshold for the total energy consumption of new energy vehicles and the pure electric mileage of pure electric passenger vehicles will be appropriately increased. From 2021 to 2022, in principle, the overall technical indicators will remain stable.

  The pre-subsidy price of new energy passenger cars must be less than 300,000 yuan (including 300,000 yuan).

  The current purchase subsidies for fuel cell vehicles will be adjusted to select cities or regions with a foundation, enthusiasm, and characteristics, with a focus on the demonstration of key technical breakthroughs and industrial applications. Strive to establish a hydrogen energy and fuel cell vehicle industry chain in about four years, and make breakthroughs in key core technologies to form a good situation with reasonable layout and coordinated development.

  Strengthen fund supervision to ensure fund safety. If the data is falsified, the subsidies will be cancelled after verification. Strictly handle localities and enterprises that are not strictly regulated and cause fraudulent compensation, etc. in accordance with regulations.

  Increase the government procurement of new energy vehicles. In addition to the special geographical environment and other factors, confidential vehicles and other official vehicles are purchased in principle, and priority is given to the provision of new energy vehicle rental services. Promote the implementation of support policies for new energy vehicles such as free purchase, free travel, and right of way, increase the management of diesel trucks, and improve the advantages of using new energy vehicles. (Finish)