2017 China Economy Keywords: New Energy Vehicles Add Motivation


On December 27, 2017, the Ministry of Finance and other four departments jointly announced that from January 1, 2018 to December 31, 2020, new energy vehicles purchased will be exempt from vehicle purchase tax.

Xin Guobin, deputy director of the Ministry of Industry and Information Technology, confirmed earlier that the Ministry of Industry and Information Technology has started relevant studies to set a timetable for stopping the production and sales of conventional energy vehicles.

The news that the company will implement “carbon quota” management in 2016 will eventually be determined as a “double-integration” policy in which the average fuel consumption and new energy points are managed at the same time. It is also actively investing in the production of new energy vehicles. The manufacturers brought hope that car companies with a relatively small proportion of new energy vehicles would have a “sweeping spell”.

The industry believes that national policy guidance has an important driving role in consumption. Since the beginning of this year, the sales volume of new energy vehicle market has gradually increased. Through joint efforts of the government, enterprises and consumers, it will effectively promote the continued growth of the new energy automotive industry and promote the growth of the Chinese auto industry.

中国经济关键词,新能源汽车

"Double points" policy considers independence?

On September 27, 2017, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs and the General Administration of Quality Supervision, Inspection and Quarantine jointly announced the "Measures for the Concurrent Management of the Average Fuel Consumption of Passenger Vehicle Enterprises and New Energy Vehicle Integration" (hereinafter referred to as the "Measures"). ). This policy will be formally implemented on April 1, 2018, and the company's average fuel consumption credits will be calculated starting from 2019. The proportion of new energy points in 2019 should be 10%, and the proportion of points in 2020 should be 12%, the proportion after 2020 will be announced separately.

The "Measures" shows that the average fuel consumption algorithm in "dual integral" is calculated according to the actual value and the target value. If the actual value is greater than the standard value, it will produce negative points. If the average value is less than the standard value, it will produce positive points. The specific standards are used by the Ministry of Industry and Information Technology released at the end of 2014. "Evaluation methods and indicators for fuel consumption of passenger vehicles" are implemented.

Industry sources pointed out that at present, China's two major technological schools are purely electric and plug-in hybrid vehicles. A pure electric vehicle can get 3.2 points as long as the cruising range reaches 200 kilometers. If the 100 kilometers of electric energy consumption meets other additional conditions, it can obtain 1.2 times, that is 3.84 points; and plug-in hybrid vehicles per vehicle only 2 points, in the case of difficult to find the points, the car company will certainly give priority to the development of pure electric vehicles, which is the new energy integration algorithm for the direction of future industrial development, the obvious guidance.

“China’s industrial policy guides the pure electric vehicle technology genre and uses plug-in hybrid technology as a fuel-to-electric transition. There are strategic considerations that do not want to be controlled by foreign companies and they want independence.” one industry source told "China Economic Weekly" reporter.

According to a series of policies in 2017, China's auto industry has been clearly guided to the following two directions: encouraging more enterprises to produce new energy vehicles; encouraging enterprises to produce pure electric vehicles, supplemented by plug-in hybrid vehicles. "Compared with the subsidy policy, the integration policy can introduce new energy vehicles into a purely market-oriented approach and use more direct methods to punish backward production capacity and encourage advanced production capacity," said Jia Xinguang, executive director of the China Automobile Dealers Association.

However, the development of pure electric vehicles also encountered some problems. Insiders pointed out that to encourage car companies to build new energy vehicles with long mileage, they will need to install more batteries, the weight of the car body will increase, and the power consumption will increase. At present, China's power generation is based on coal-fired thermal power generation. The more carbon dioxide consumed by indirect vehicles, the more carbon dioxide and various harmful gases are generated. This conflicts with the development of low carbonization.

Fuel Truck "forbidden" timetable problem

In addition to the relevant studies on the timetable for China to stop the production and sales of conventional energy vehicles, the “forbidden sales” of fuel vehicles have already had timetables in some countries. According to foreign media reports, the time for the entire EU to ban the sale of fuel vehicles is 2050. However, people in the industry pointed out that these timetables are not strict administrative orders, but are strongly promoted "plans." Jia Xinguang told reporters that the difficulties faced by new energy vehicles in various countries around the world are the same. Currently, the technology is not yet fully mature. The market has not yet been opened, and in the short term, it will not be able to compete with fuel vehicles in economy and convenience.

In which year should China's fuel trucks "lock up"? Internationally, one measure is to measure the economic benefits of fuel vehicles and new energy vehicles separately. When the economic benefits of new energy vehicles are to surpass those of fuel vehicles, it is the best time to “hold sales”.

However, some scholars have pointed out that car companies are all inert and do not want to put a lot of electric cars into operation without any economic benefit. If they are not forced to stop selling, the benefits of electric vehicles can never exceed that of fuel vehicles. The “time is ripe” will become It is difficult, and countries' "forbidden sales" schedules are "forced". In other words, our country's "ban on sale" time does not have to refer to other countries, and it is not necessary to "intentionally" postpone European countries.

Although the timetable has not yet been detailed, car companies that have invested heavily in new energy vehicles have been encouraged. “New energy vehicles are the most important business of BAIC Group and are the decisive factor in determining the strategic transformation of the Group. The “Measures” have created a good policy environment for the development of new energy vehicles and have played a powerful role in promoting them.” Beiqi Group Directors Chang Xu Heyi said at a report meeting. At least in Beiqi's view, the layout of many years ago has reached a harvest time.



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