What is the National VI standard equivalent to?
1 Answers
National VI standard. VI in Roman numerals means 6. National VI refers to the national emission standard. Compared to the National V emission standard, the National VI standard is much stricter. National VI is further divided into two phases: the first transitional phase is National VIa, and starting from July 1, 2023, the National VIb standard will be implemented. The introduction of the National VI emission standard has the following impacts on the automotive industry: 1. Sales of imported cars in China: Since imported cars use the Euro VI emission standard, conflicts will arise when China implements the National VI standard, leading to fewer people purchasing imported cars. 2. Increased prices: The strictness of the National VI standard leads to higher R&D costs for domestic brands, resulting in higher prices for domestic brand cars. 3. Increased activity in the pure electric vehicle market: The market for pure electric vehicles will become more active, with more people inclined to purchase environmentally friendly pure electric vehicles. 4. Impact on the used car market: The used car market will be affected, as the National VI emission standard will make many people less enthusiastic about purchasing used cars, reducing the resale value of National V models.