What are the financial subsidy policies for new energy vehicles?
1 Answers
New energy vehicles are exempt from purchase tax. The following is a relevant introduction about new energy vehicles: 1. Definition: The definition of new energy vehicles varies by country. In Japan, they are often referred to as "low-emission vehicles." In 2001, the Japanese Ministry of Land, Infrastructure, Transport and Tourism, the Ministry of the Environment, and the Ministry of Economy, Trade and Industry formulated the "Low-Emission Vehicle Development and Popularization Action Plan." The plan identifies five categories of low-emission vehicles: natural gas-fueled vehicles, hybrid vehicles, electric vehicles, methanol-fueled vehicles, and clean gasoline vehicles that meet the strictest emission and fuel efficiency standards. 2. Development Status: Song Qiuling, Deputy Director of the Department of Economic Construction of the Ministry of Finance, stated at the 2018 China Automotive Industry Development International Forum held in early September 2018 that "China's new energy vehicle industry is still at a critical stage where it must forge ahead or risk falling behind." First, the recent frequent spontaneous combustion incidents have undoubtedly cast a shadow over the new energy vehicle industry. "As an emerging field, new energy vehicles still face theoretical and technical challenges," said industry insiders. According to incomplete statistics, there were at least 10 reported cases of electric vehicle fires in the first half of this year.
