Strictest fuel vehicle Industry Policy promulgates New Energy vehicle entry threshold raised-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Zinc
  • Copper
  • Aluminium
  • Market commentary
  • Futures movement
  • nickel laterite
  • hydrogenation stations
  • Production data
  • Nickel ore
  • Nickel
  • Macroeconomics
  • In the United States
  • Morning comments

Strictest fuel vehicle Industry Policy promulgates New Energy vehicle entry threshold raised

Translation 05:23:42PM Aug 20, 2018 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM8 20 June news:

Editor's note: in recent years, new energy vehicles have developed rapidly and have become an important force in driving the growth of the overall automobile market. In July 2018, the National Development and Reform Commission organized and drafted the regulations on Investment Management of the Automobile Industry, raising the entry threshold for new energy vehicles, known as the "strictest fuel vehicle industry policy." the introduction of the policy is constantly standardizing the development of new energy vehicles. Promote the healthy and healthy development of new energy vehicles.

In the first seven months of this year, new energy vehicles grew by 68.6%, maintaining a sustained growth trend. In addition, from January to July this year, production and sales of new energy vehicles were 504000 and 496000 respectively, an increase of 85 per cent and 97.1 per cent respectively over the same period last year. Among them, the production and sales of pure electric vehicles were 382000 and 373000 respectively, an increase of 71% and 82.4% respectively over the same period last year. Production and sales of plug-in hybrid electric vehicles were 122000 and 123000 respectively, an increase of 148.9 per cent and 160.9 per cent respectively over the same period last year.

From the data of production and sales of new energy vehicles, we can see that in recent years, with the support of the supporting policies of national and local governments, China's new energy vehicles have achieved a rapid development of industrialization and scale. In 2011, the scale of production and sales of new energy vehicles in China was only 8200, accounting for less than 1/1000 of the national automobile output that year. Up to now, great-leap-forward development has been achieved, and the speed of development is amazing. We can see from the data. New energy vehicles have become an important force in driving the growth of the overall automobile market.

In order to thoroughly study and implement the thought of socialism with Chinese characteristics in the new era and the spirit of the 19th CPC National Congress, adapt to the new situation of the reform and opening up of the automobile industry, improve the investment management of the automobile industry, and promote the high-quality development of the automobile industry, in July, The National Development and Reform Commission has organized and drafted the regulations on Investment Management of the Automobile Industry. The goal of this policy is to improve the entry standards for investment projects in the automobile industry, strengthen supervision after the incident, and standardize the investment behavior of the main body of the market. We will guide the rational investment of social capital, encourage cooperation in production capacity of enterprises, and prevent blind construction and disorderly development. We will strictly control the production capacity of new traditional fuel vehicles, actively promote the healthy and orderly development of new energy vehicles, and strive to build an innovative development system for intelligent vehicles.

According to reports, the new automobile investment management measures to be issued are known as the "strictest fuel vehicle industry policy." It is mentioned that the future project of building independent fuel vehicles will be banned. On the other hand, the existing automobile enterprises to expand the production capacity of fuel vehicles should also meet the four conditions that the utilization rate of automobile capacity in the last two years is higher than the average level of the whole industry, and the proportion of new energy vehicles in the last two years is higher than the average level of the whole industry.

It also proposes to scientifically plan the layout of the new energy vehicle industry, encourage the existing traditional fuel vehicle enterprises to increase capital investment, adjust the product structure, and develop new energy vehicle products. We will strictly manage investment projects in newly built pure electric vehicle enterprises and prevent blind placement and low-level repetitive construction. New pure electric vehicle enterprises and existing enterprises to invest in pure electric vehicle projects should be built in provinces with good industrial foundation, complete innovation system, strong supporting capacity and great potential for development, as well as key areas for the prevention and control of air pollution. We will promote the concentration of new production capacity to provinces with strong consumer demand for new energy vehicles and large replacement potential for traditional fuel vehicles.

At the same time, the entry threshold of new energy vehicles has also been restricted. It is required that the new independent pure electric vehicle enterprise project should have the ability of continuous development of pure electric vehicle, the construction scale of pure electric passenger vehicle is not less than 100000, and the construction scale of pure electric commercial vehicle is not less than 5000. It also puts forward the requirements for the shareholders of the new energy vehicle enterprises.

These requirements for the development of new energy vehicles will promote the development of the new energy vehicle market in the future. For manufacturers, investors and consumers, it will undoubtedly increase their confidence in the new energy vehicle market. At the same time, the improvement of the entry threshold of the new energy vehicle market will further improve the development quality of the new energy vehicle market and promote enterprises to do a better job of new energy vehicles.

Strictest fuel vehicle Industry Policy promulgates New Energy vehicle entry threshold raised

Translation 05:23:42PM Aug 20, 2018 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM8 20 June news:

Editor's note: in recent years, new energy vehicles have developed rapidly and have become an important force in driving the growth of the overall automobile market. In July 2018, the National Development and Reform Commission organized and drafted the regulations on Investment Management of the Automobile Industry, raising the entry threshold for new energy vehicles, known as the "strictest fuel vehicle industry policy." the introduction of the policy is constantly standardizing the development of new energy vehicles. Promote the healthy and healthy development of new energy vehicles.

In the first seven months of this year, new energy vehicles grew by 68.6%, maintaining a sustained growth trend. In addition, from January to July this year, production and sales of new energy vehicles were 504000 and 496000 respectively, an increase of 85 per cent and 97.1 per cent respectively over the same period last year. Among them, the production and sales of pure electric vehicles were 382000 and 373000 respectively, an increase of 71% and 82.4% respectively over the same period last year. Production and sales of plug-in hybrid electric vehicles were 122000 and 123000 respectively, an increase of 148.9 per cent and 160.9 per cent respectively over the same period last year.

From the data of production and sales of new energy vehicles, we can see that in recent years, with the support of the supporting policies of national and local governments, China's new energy vehicles have achieved a rapid development of industrialization and scale. In 2011, the scale of production and sales of new energy vehicles in China was only 8200, accounting for less than 1/1000 of the national automobile output that year. Up to now, great-leap-forward development has been achieved, and the speed of development is amazing. We can see from the data. New energy vehicles have become an important force in driving the growth of the overall automobile market.

In order to thoroughly study and implement the thought of socialism with Chinese characteristics in the new era and the spirit of the 19th CPC National Congress, adapt to the new situation of the reform and opening up of the automobile industry, improve the investment management of the automobile industry, and promote the high-quality development of the automobile industry, in July, The National Development and Reform Commission has organized and drafted the regulations on Investment Management of the Automobile Industry. The goal of this policy is to improve the entry standards for investment projects in the automobile industry, strengthen supervision after the incident, and standardize the investment behavior of the main body of the market. We will guide the rational investment of social capital, encourage cooperation in production capacity of enterprises, and prevent blind construction and disorderly development. We will strictly control the production capacity of new traditional fuel vehicles, actively promote the healthy and orderly development of new energy vehicles, and strive to build an innovative development system for intelligent vehicles.

According to reports, the new automobile investment management measures to be issued are known as the "strictest fuel vehicle industry policy." It is mentioned that the future project of building independent fuel vehicles will be banned. On the other hand, the existing automobile enterprises to expand the production capacity of fuel vehicles should also meet the four conditions that the utilization rate of automobile capacity in the last two years is higher than the average level of the whole industry, and the proportion of new energy vehicles in the last two years is higher than the average level of the whole industry.

It also proposes to scientifically plan the layout of the new energy vehicle industry, encourage the existing traditional fuel vehicle enterprises to increase capital investment, adjust the product structure, and develop new energy vehicle products. We will strictly manage investment projects in newly built pure electric vehicle enterprises and prevent blind placement and low-level repetitive construction. New pure electric vehicle enterprises and existing enterprises to invest in pure electric vehicle projects should be built in provinces with good industrial foundation, complete innovation system, strong supporting capacity and great potential for development, as well as key areas for the prevention and control of air pollution. We will promote the concentration of new production capacity to provinces with strong consumer demand for new energy vehicles and large replacement potential for traditional fuel vehicles.

At the same time, the entry threshold of new energy vehicles has also been restricted. It is required that the new independent pure electric vehicle enterprise project should have the ability of continuous development of pure electric vehicle, the construction scale of pure electric passenger vehicle is not less than 100000, and the construction scale of pure electric commercial vehicle is not less than 5000. It also puts forward the requirements for the shareholders of the new energy vehicle enterprises.

These requirements for the development of new energy vehicles will promote the development of the new energy vehicle market in the future. For manufacturers, investors and consumers, it will undoubtedly increase their confidence in the new energy vehicle market. At the same time, the improvement of the entry threshold of the new energy vehicle market will further improve the development quality of the new energy vehicle market and promote enterprises to do a better job of new energy vehicles.