What is the emission standard for 2016 vehicles?
1 Answers
Vehicles from 2016 may comply with either the China IV or China V emission standards. The China V emission standard was implemented nationwide on January 1, 2017, but some cities adopted it earlier. Vehicle owners can identify the emission standard of their cars through the invoice, environmental label, and vehicle registration certificate. Below are the impacts brought by the China VI emission standard: 1. China IV vehicles may gradually become ineligible for registration, and China V new vehicles may depreciate faster: After the implementation of the China VI emission standard, China V and China IV vehicles will be affected. China IV vehicles may face restrictions such as being ineligible for registration or limited driving. After the introduction of China VI, the resale value of China V vehicles will decline, causing a significant impact on the used car market. The relocation restriction policy will ultimately lead to a drop in used car prices. 2. Increased vehicle purchase costs for consumers: As the China VI emission standard is stricter, automakers will upgrade components, leading to rising R&D costs and price increases, which will also raise the cost of purchasing vehicles for consumers. This is a factor consumers need to consider when buying a car. 3. Potential increase in vehicle usage costs: With stricter emission standards, fuel quality will also be upgraded, leading to higher fuel costs. Additionally, vehicle maintenance expenses may also change accordingly.