Are There Still National Subsidies for New Energy Vehicles?
3 Answers
There are still national subsidies for new energy vehicles. However, not all new energy vehicles qualify, as some models do not meet the national standards. Below are the relevant details: 1. Range: The latest national subsidy standards for new energy vehicles have been released, with subsidies completely canceled for models with low range. The threshold is set at 150 kilometers, meaning vehicles with a range below 150 kilometers are not eligible. The subsidy standards are divided into five tiers based on range, from 150 kilometers to 400 kilometers, with different subsidy amounts for each tier. 2. Battery Pack Energy Density and Energy Consumption Level: If the energy density is below 105Wh/kg, no subsidy is provided. Higher energy density results in higher subsidies.
I just helped my nephew look for a car two months ago and specifically researched this policy. The national-level new energy vehicle purchase subsidy did indeed end completely by the end of 2022, but local governments still have various disguised subsidies. For example, in our area, you can still apply for an 8,000 yuan charging subsidy when buying a pure electric vehicle, and some cities even offer exemptions from regional license plate auctions. The most cost-effective benefit is the continued full exemption from vehicle purchase tax—saving nearly 10,000 yuan on a 100,000 yuan car. The subsidies for charging infrastructure construction are also substantial, with up to 5,000 yuan for installing a home charging station. I recommend checking the new energy section of your local government website before buying a car, as policies vary significantly by region.
As someone who has been closely following automotive policies for a long time, I must say that new energy vehicle subsidies have entered a new phase. Although national financial subsidies are being phased out, local support has become more targeted. My neighbor just picked up a hybrid last week and received 6,000 yuan in local purchase vouchers. More importantly, the purchase tax exemption policy has been extended until the end of 2025—a 150,000 yuan car effectively gets an instant 13,000 yuan discount. Don’t forget the traffic privilege benefits either; new energy license plates are practically a free pass in cities with driving restrictions. Charging subsidies are also being ramped up across regions, with even highway service area charging stations receiving support.
