(Observer News)
On the evening of 26th, the Ministry of Finance and other four departments jointly issued the Notice on Further Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles. In 2019, the subsidy policy for new energy vehicles was officially released.
How does the subsidy "retreat"? First of all, local subsidies for new energy vehicles were cancelled this year; In terms of state subsidies, the plug-in hybrid subsidy is 10,000 yuan, and the subsidy for pure electric vehicles is 18,000 yuan for cruising range of 2.5-400km, and 25,000 yuan for those over 400 km.
In addition, for the transition period from March 26, 2019 to June 25, 2019, during the transition period, the licensed vehicles that meet the requirements of 2018 technical indicators but do not meet the requirements of 2019 technical indicators will be subsidized by 0.1 times of the corresponding standards last year, and the licensed vehicles that meet the requirements of 2019 technical indicators will be subsidized by 0.6 times of the corresponding standards last year. During the transition period, the fuel cell vehicles sold on the brand will be subsidized by 0.8 times of the corresponding standard in 2018.
In this regard, official website, the Ministry of Finance, issued a document explaining that although the scale of China’s new energy automobile industry is expanding rapidly, there are still problems such as "subsidy dependence", "insufficient local investment" and "local protection".Practice has proved that the dynamic adjustment mechanism of subsidy policy can actively promote China’s new energy automobile industry to become better, stronger and bigger, enhance its competitiveness and achieve high-quality industrial development.
The subsidy scheme for the promotion of new energy vehicles and the specific technical requirements of the products are as follows:
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