New Deal lands the Ministry of Finance to support new energy vehicles

Under the background of the country's efforts to promote the development of new energy vehicles, the Ministry of Finance will again make great efforts to support the development of new energy vehicles this year.

"New energy vehicles need financial support in the early stages of development, which is very important for their development." On January 13, Zeng Xiaoan, Director of the Department of Economic Development of the State Ministry of Finance stated at the China Electric Vehicles Centennial Conference that the Ministry of Finance is supporting new energy vehicles financially. The framework for development has been completed and the current support has covered all aspects such as research and development, production and consumption of new energy vehicles. In the future, there will be successive policies introduced.

Zeng Xiaoan revealed that if no accident occurs, this year the Ministry of Finance will have three major policies introduced or landed to support the development of new energy vehicles. "The first step is to issue the next phase of the support policy for the new energy automotive industry as soon as possible, that is, the support policy for 2016-2020. At present, the publicity of this policy has been completed. After approval is obtained, it will be implemented as soon as possible," Zeng Xiao'an said.

Secondly, the Ministry of Finance is actively studying the reform of the city bus oil price subsidy program. In the future, subsidies will focus on new energy vehicles. Bus transits that are considered to be extremely exemplary will be carried out. “There will be a relatively big adjustment in the future. The main direction is to reduce the subsidies for traditional vehicles and create an ecological environment that benefits the new energy vehicles. The State Council has made clear requirements last year. We have also submitted plans for implementation after approval.” Zeng Xiaoan Indicated.

According to the relevant arrangements of the Ministry of Finance, starting from January 1, 2010, the central government has implemented refined oil price subsidies for city buses, rural passenger transport, taxis, inter-island and rural waterway passenger transport. Among them, the price subsidies for urban public transport companies are borne by the central government in full. After the state started the oil price subsidy mechanism, the oil price subsidy adjusted with the fluctuation of the refined oil price.

In addition, the Ministry of Finance is further studying subsidies for R&D and construction of charging facilities. In November 2014, the four ministries and commissions of the Ministry of Finance jointly issued a notice on incentives for the construction of charging facilities for new energy vehicles. The central government plans to allocate funds to award incentives for the construction of new energy vehicles to promote the city or city group, including Beijing, Tianjin and Hebei. The minimum reward for cities in the triangle and the Pearl River Delta region is 20 million yuan, and the highest award is 120 million yuan.

According to information disclosed by Zeng Xiao'an, the Ministry of Finance will also provide financial subsidies for the construction of charging infrastructure. “Subsidies to charging facilities are mainly in three aspects. One is the R&D and construction enterprises. One is the assessment of local governments by the four ministries and commissions. This is rewards and penalties. There is supervision of new energy products and more. Products enter the market." Zeng Xiaoan said that the three major policies mentioned above will be phased out in the coming year and will form an active guide for the industry.