Changes in Taxi Fuel Subsidies for 2021?

[Leroy]

The current price increase subsidy for rural passenger transport and taxis in the fuel price subsidy is being gradually reduced by each province based on the actual implementation figures from 2014, effective from January 1, 2015. Specifically, the reductions are as follows: 15% in 2015, 30% in 2016, 40% in 2017, 50% in 2018, 60% in 2019, with adjustments for 2020 and beyond to be determined separately. The related expenditures will no longer be linked to fuel consumption or fuel prices. 1. Situation: Although fuel subsidies can still be received in 2021, the fuel subsidy will be phased out and reduced, and the related expenditures will no longer be linked to fuel consumption or fuel prices. For the relevant assessment system, please refer to the "Notice of the General Office of the Ministry of Transport on Matters Related to the Effectiveness Assessment of the Adjustment of Fuel Price Subsidy Policies for Rural Passenger Transport and Taxis." 2. Taxis: The report mentions that taxis, time-sharing rental cars, and ride-hailing vehicles will become the first echelon to achieve full electrification, with the earliest phase-out in major cities like Beijing and Shanghai by 2020, while cities like Chongqing and Chengdu will become the first to promote new energy vehicles. Traditional fuel vehicles will completely exit the Chinese market by 2030.

[LillianaLynn]

I've heard quite a few taxi drivers who operate sports cars talk about this. In 2021, the fuel subsidies for taxis indeed saw a significant reduction. Here, local subsidies were directly halved, and there's been a gradual phase-out at the national level as well. In the earlier years, filling up a tank could get you a 30% rebate, but now you have to dig deeper into your own pockets. Many fleet leaders say this is the policy pushing everyone to switch to electric vehicles, especially with the increasing number of green-plate taxis on the streets. However, night-shift driver Master Zhang reminded me that although fuel subsidies have decreased, the charging subsidies for drivers who switch to electric vehicles have actually increased. Implementation varies by region, so it's best to check the specific documents with the local transport management department or review the supplementary clauses in your signed operation contract.

[SanLiam]

Old Li, who has been driving a taxi for fifteen years, did the math with me: in 2021, the fuel subsidy distribution became tiered. For annual mileage exceeding 80,000 kilometers, the subsidy per kilometer dropped from 0.4 yuan to 0.25 yuan. More critically, delays in the disbursement of local fiscal matching subsidies have become the norm—his subsidy from the third quarter of last year didn’t arrive until this spring. An interesting phenomenon is that subsidies for northern gas-petrol hybrid models are actually 0.1 yuan per kilometer higher than for pure petrol vehicles. Nowadays, you can always see taxi drivers crowding around bulletin boards at gas stations, studying the latest subsidy policies. It’s recommended to save the official account of the local transportation bureau, as they update the detailed taxi subsidy tables monthly.

[McMaya]

Last time I took Master Wang's car, I heard him complain that the most noticeable change in 2021 was the more complicated fuel subsidy calculation method. It used to be based on the number of vehicles, but now it's changed to reimbursement based on actual fuel invoices submitted. Three vehicles in his fleet were disqualified from subsidies due to failing emission standards. Interestingly, the subsidy for pure electric vehicles increased from 0.2 yuan per kWh to 0.35 yuan, making it more cost-effective than fuel subsidies. Now, every day after finishing work, he has his son help upload gas receipts using a dedicated app, saying that missing the application deadline would void them. There are significant policy differences across regions, with Shenzhen's subsidies for new energy vehicles being 40% higher than those for fuel vehicles.