Beijing Subsidy for New Energy Vehicles exceeds RMB 1.6 billion this year

Beijing Economic and Information Commission recently announced the third batch of subsidies for new energy vehicles this year, involving a total of 15,728 vehicles, and plans to allocate funds of 815 million yuan. With the first two batches of subsidies, this year's financial subsidies for new energy vehicles in the city have exceeded 1.6 billion yuan. In addition, subsidies for new energy vehicles will be lowered next year, accelerating the pace of car purchases by the successful owners, and the traffic volume of various 4S stores will increase. According to the Beijing Daily News on December 7th, as of October 24, 2017, at 24 o'clock, there were a total of 80,785 application and confirmation delays for Beijing's accumulated new energy minibus configuration indicators. According to previous years' experience, in 2018 Beijing will issue 60,000 new energy indicators, including 51,000 private indicators. Based on this calculation, the new energy targets for the next year have already been filled, and citizens without applications can only wait for the 2019 target. According to the disclosure of the Beijing State Tax Bureau, from January to October, the city handled a total of 48,252 new energy vehicles exempted from vehicle purchase taxes, a decrease of 708 vehicles over the same period of last year; but the tax exemption amounted to 1006.7335 million yuan, an increase of 16667.91 over the same period of last year. Ten thousand yuan, an increase of 20.5%; on average, each new energy vehicle enjoys an exemption from vehicle purchase tax of RMB 20,900, indicating that the unit price of new energy vehicles purchased by Beijingers has increased significantly. Xiao Shao, who has been absent for four years in the market, saw a lap in the market. The models with electric vehicles below 100,000 yuan are all about 200 kilometers long. They are a bit short, and the price for longer mileage can go up again. "Hesitated for several months, and watched the signing of the expiry date. It is better to get it done quickly." He took a fancy to the Beijing Auto New Energy EU400. The sales staff said that the car had already been scheduled to go out. He had to wait until next month to mention the car. . The warming of new energy indicators has also spawned a grey business—“subtracting” or “stretching”. In the new automobile trading market in Xinfa, each new energy auto shop is in a prominent position with the word “receipt”. One inquire, in fact, is that the owner of the lottery has rented out the indicator through the 4S store, for those who do not have the index to purchase and use it. The “index extension” is to transfer a new energy vehicle to the name of a person who has an indicator but does not want to buy a car. Soon afterwards, the car is transferred to a third party, which is equivalent to the transfer of the vehicle. Six months of vehicle update indicator validity. It needs to be reminded that these practices all hide risks. For example, although the car is under the owner's name, it is not used by itself. In the event of an accident, the owner may be held liable. It is recommended that the owner of the car should still pay attention to buying the car within the validity period of the indicator. The body is short and only half of the parking space, the front face is round and swift, only two seats. At the entrance of the Zhidou dealership at the New Deal Auto Market, more than a dozen colorful Zhidou carts are neatly parked. Mr. Liu had just received a new energy index in October and he was considering purchasing a K-2 bean, and the subsidy plus in-store discount was only $46,000. "If you have a petrol car at home, it's just a seizure. Buying a 450,000 yuan electric car is more appropriate. Short-distance mobility is enough, but it's not limited," he said. In fact, the micro-electric car was not popular when it was just listed in Beijing. Its cruising range was only about 100 kilometers, and it also “crashed” with the old-age scooter on the street. With the rising temperature of new energy indicators, the price of micro-electric vehicles is getting hotter. Zhidou, Beiqi New Energy EC Series, Zotye E200, Chery eQ, and JAC iEV, these subsidized cars that were priced at around RMB 50,000 were dubbed as “Symbolized Artifacts”. The data from the National Passenger Vehicle Market Information Association also shows this trend. In October of this year, the top three new energy major vehicle sales charts were Beiqi EC Series, Zhidou D2, and JAC iEV. "The A00-grade pure electric vehicles account for 65% of the new energy passenger vehicles," said Cui Dongshu, secretary-general of the National Association of Sports Federations. Recently, the news that new energy subsidies will shrink by 20% in 2018 will cause hot debate on the Internet. At the same time, according to the current policy, the policy of purchasing new energy vehicles without exemption from purchase tax will end at the end of the year. Fearful owners who are worried that the cost of car purchases will increase next year will significantly accelerate the pace of car purchases. Visiting a number of new energy car brands in the city 4S shop found that the vast majority of brands currently have cars, to rush sales and car concessions. "If the subsidies shrink, eliminating the cancellation of purchase tax, the price will be 20,000 yuan worse," said a salesperson at Beiqi New Energy 4S Store outside the East Fifth Ring. BYD New Energy 4S shop sales staff also said: "I heard that subsidies should be reduced, this month's traffic is significantly more than last month, the indicators will soon be due to wait to mention the car, the average day to sell 10 to 15 Car." “It is best to choose a car before December 10.” Zhongtai dealers reminded that the adjustment of national and local subsidy standards will take time in the first two months of next year. It may be the same as at the beginning of this year. A policy blank period may occur and dealers may not be able to Selling cars. According to the network subsidy adjustment draft, not all vehicle subsidy will fall next year. For vehicles with long mileage and high battery energy density, subsidies may increase.