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The development of new energy vehicles and increased efforts in energy conservation and emission reduction of automobiles have become the consensus of the global automotive industry. The major domestic car companies are also obliged to work hard to achieve this goal. However, a problem has been plaguing the automotive industry: New energy vehicles that have just begun mass production are generally expensive due to cost, resulting in “high and low†and applauding and not winning. Therefore, the automotive industry has been calling for policy support.
Today, this voice has finally received a reply from the government.
Recently, seven new energy vehicles appeared in the latest list of new vehicles announced by the National Development and Reform Commission. They are the Shanghai Volkswagen Passat Fuel Cell Vehicle, Shanghai GM Buick Hybrid, FAW CA7130 Hybrid, and FAW, Dongfeng, Beiqi Futian and Changan Automobile's four hybrid buses. At the same time, according to experts participating in the country’s “863†major new energy research and development project for vehicles, when seven new energy vehicles were on the “best of births†list, experts from the industry and mainstream manufacturers have also submitted to the relevant state agencies. Encourage consumers to buy new energy vehicles. One of the most concentrated ones is “reduction of purchase tax†and direct profit-taking consumers. It is reported that this proposal has initially been approved by relevant departments and is expected to officially introduce a tax relief policy at an appropriate time during the year. This indicates that China’s new energy vehicles are no longer just “green dreamsâ€.
In order to understand this issue in depth, the author recently telephoned well-known auto analyst Jia Xinguang. He said in a straightforward manner, the key to new energy vehicles is to see who will be exempt from taxes. VAT exemption is unlikely because it has been deducted in layers during the auto industry chain procurement process; excise tax is based on the size of the vehicle's emissions and levies 3% to 20% of the vehicle's price. The total mass of new energy vehicles is the same as ordinary cars. But generally it is a small displacement, electric cars do not have displacement, which there is the problem of how the displacement and tax rate should be defined; purchase tax includes some of the costs for road construction, if the purchase tax is reduced, along with the green car With popularization, the road maintenance fee alone may make ends meet. This may also be one of the reasons why the country’s preferential policies for green car consumption have been delayed. Even if it is introduced, it cannot be achieved in one step. It should be implemented step by step. However, the introduction of incentive measures to promote energy-saving emission reduction is the general trend. In addition to the purchase, use, maintenance, parking and other aspects of the concessions, the method of reducing the purchase tax is relatively simple and feasible.
Jia Xinguang believes that some foreign practices that encourage R&D, production, and sales of new energy vehicles are worth learning from. For example, the United States has a maximum deduction of 3,600 U.S. dollars for hybrid vehicles, 24% tariffs for diesel vehicles in the Netherlands, 15% for Austria for 20% of consumption taxes, and Japan provides subsidies for about 200,000 yen for hybrid cars; including France. Many European countries have stipulated that dealers must sell a clean fuel vehicle for every 5 regular-powered vehicles they sell, and the government grants a tax relief policy. Therefore, as soon as possible, China will implement the New Deal for Encouraging Green Cars, which will bring it closer to the international community and help accelerate the pace of energy conservation and emission reduction.
Dongchang Lexus has been selling hybrids Lexus GS600h and RX400h, the company's general manager Jin Hao, in an interview with the author, said that if the country purchases green car purchase tax reduction, consumers will certainly get a lot of benefits. As the trend of high oil prices is irreversible, hybrid vehicles have great market prospects in the long run. Taking the Toyota Prius with a current price of 279,800 yuan as an example, after a sharp price reduction of 24,000 yuan in March this year, sales have improved. However, if the purchase tax is further reduced by 10%, there will be a discount of about 24,000 yuan, and the price of other cars will be even higher. Closeness, coupled with the apparent decline in daily fuel consumption, the longer the mileage, the more obvious the cost advantage. Therefore, hybrid vehicles will be quite competitive.