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Subsidy / price reduction Chongqing issues incentives for new energy vehicles
Sep 9,2020 08:22CST
The content below was translated by Tencent automatically for reference.

SMM: on Sept. 7, the General Office of Chongqing Municipal Government issued the notice of "Chongqing supporting incentive measures for the Promotion and Application of New Energy vehicles (2020)" (abbreviated as "measures"). The main tasks of the "measures" include accelerating the promotion and application of new energy passenger vehicles in the private sector, accelerating the promotion and application of new energy vehicles in the public sector, pilot demonstration and continuous optimization of the environment for the use of new energy vehicles. The aim is to implement the "double points" management policy of passenger cars, expand the private consumption of new energy vehicles, and promote the high-quality development of new energy vehicle industry in Chongqing. In 2020, automobile companies in Chongqing will be encouraged to promote the application of 36400 new energy vehicles.

In terms of speeding up the promotion and application of private cars and public fields, vehicle enterprises are encouraged to step up promotion efforts aimed at private users, and to reduce the price of new energy passenger vehicles sold and licensed in Chongqing in accordance with the guiding price (after deducting the state subsidy, the same below), the whole vehicle enterprise shall be rewarded according to 25% of the preferential price.

In terms of speeding up the promotion, application and pilot demonstration in the public domain, Chongqing encourages the city's new ride-hailing cars to use new energy vehicles, and if the new energy online taxi sold and licensed in the city is reduced in accordance with the guiding price, the city finance will reward vehicle enterprises according to 30% of the preferential price, and encourage enterprises to reduce the price, increase the number of maintenance outlets, and improve after-sales service capacity.

At the same time, 200 pure electric cruise taxis are planned to be launched on a pilot basis in the central city of Chongqing in 2020 to encourage new and expired cruise taxis to use pure electric vehicles. Vehicle enterprises are encouraged to: (1) reduce the price of vehicles and maintain the same purchase price as gas vehicles of the same class; (2) ensure the normal use of power batteries, and replace them free of charge for less than 70% of the attenuation of power batteries during the 6-year cycle, unlimited mileage; (3) increase maintenance service outlets, increase 24-hour maintenance service outlets in the central urban area, reduce the maintenance premium of 10,000 kilometers, and open maintenance services to the community; (4) improve the ability of after-sales service and give drivers subsidies to vehicles with overtime maintenance.

In addition, for driving test (driving training) cars, grass-roots official travel rental vehicles, buses, microcirculation buses and logistics vehicles and other means of transport, will also be given incentives and other ways to actively promote the transformation of new energy.

In terms of optimizing the environment for the use of new energy vehicles, the policy of reducing parking fees for new energy vehicles will be implemented, and if road restrictions are implemented under road traffic construction or other conditions, new energy vehicles will enjoy the same convenience as buses. Speed up the construction of charging (changing) facilities, study the joint construction of refueling and filling stations, guide the application of information technologies such as 5G technology, big data analysis, artificial intelligence and cloud computing in the construction and operation of charging facilities, reduce charging costs, subsidize the charging costs of new energy vehicles, strengthen publicity and exchanges, and encourage the holding of summits, exhibitions, competitions, training and other activities in related fields of new energy vehicles.

The measures will come into effect from the date of issuance, and the annual promotion targets, incentives and subsidy policies listed in the measures will be valid until December 31, 2020. The provisions on parking and convenience of new energy vehicles, construction of charging (replacement) facilities, and reduction of charging fees will continue to be implemented.

Editor's comments:

According to the Chongqing Automobile Commerce Association, in July 2020, the Chongqing market sold 34000 new cars, an increase of 19.5% over the same period last year. Among them, fuel vehicles account for 93%; pure electric models account for only 3%; and other fuel types, such as dual-fuel, add-on and non-plug-in hybrids, account for 4% of sales. It can be seen that there is still a lot of room for the development of new energy vehicles in Chongqing, but the appearance, mileage, traffic policy, price and other aspects are still several main conditions for consumers to choose new energy vehicles.

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