The Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology and the Development and Reform Commission recently jointly issued a notice to clarify the technical indicator system of new energy vehicle purchase subsidies, the date of policy termination and other aspects, and the notice was implemented from yesterday.
According to the circular, in order to create a stable policy environment, the framework and threshold requirements of the current purchase subsidy technical indicator system will remain unchanged. At the same time, adhere to the gentle subsidy decline, in 2022, the subsidy standard for new energy vehicles will be reduced by 30% on the basis of 2021; urban buses, road passenger transport, rental (including online car-hailing), sanitation, urban logistics and distribution, postal express, civil aviation airports and vehicles in the field of party and government organs that meet the requirements, the subsidy standard will be reduced by 20% on the basis of 2021.
The notice clarifies that the subsidy policy for the purchase of new energy vehicles in 2022 will be terminated on December 31, 2022, and vehicles licensed after December 31, 2022 will no longer be subsidized.
In addition, the Ministry of Industry and Information Technology and relevant departments have established a cross-departmental information sharing mechanism, regularly summarized information on fires and major accidents, accelerated the establishment of a vehicle accident reporting system, and suspended or cancelled the subsidy qualifications for the models involved depending on the seriousness of the circumstances.