How are subsidies for new energy vehicles calculated?
3 Answers
2021 new energy vehicle subsidy standards have been reduced by 20% compared to 2020. Pure electric passenger vehicles with a range below 300 km receive no subsidy, those with a range between 300-400 km (including 300 km) have their subsidy reduced to 13,000 yuan; pure electric passenger vehicles with a range above 400 km (including 400 km) have their subsidy reduced to 18,000 yuan. The new policy also states that the pre-subsidy price of new energy passenger vehicles must be below 300,000 yuan (including 300,000 yuan). To encourage the development of the new "battery swap" business model and accelerate the promotion of new energy vehicles, vehicles adopting the "battery swap mode" are exempt from this regulation.
When researching new energy vehicle policies, I found that national subsidies are actually divided into several categories. Buying a pure electric vehicle can exempt you from purchase tax, saving about 20,000 yuan this year. Some local governments offer additional subsidies, such as up to 8,000 yuan in Hainan for car purchases, while Shenzhen directly provides charging vouchers. Automakers also have their own initiatives, such as offering trade-in subsidies or providing free charging for several years. For special vehicle types like logistics vehicles or ride-hailing cars, the state provides subsidies per kilowatt-hour, with a maximum of 2,000 yuan. If you replace the battery, you can receive a subsidy of 1,000 to 2,000 yuan for recycling the old battery if it meets the standards, something many car owners are unaware of. Policies vary significantly by region, so it's advisable to check the official website of your local industry and information technology department.
Last year, I figured out the process while helping a relative apply for subsidies. First, check the MIIT's 'Catalog' to confirm the vehicle model is listed. After obtaining the invoice, take your ID card, invoice, and vehicle license to the DMV to apply for a green license plate. The national subsidy is now advanced by the automaker and deducted directly from the vehicle price at purchase. Local subsidies require personal application; in Guangzhou, you need to submit a residence permit and a copy of your bank card, with approval taking about a month. Note that subsidy types vary greatly by city—Beijing only subsidizes pure electric vehicles, while Shanghai also covers plug-in hybrids. Submitting incorrect materials means multiple trips, so it's best to prepare a dedicated folder for all documents.
