Consumer New Energy Vehicle Subsidy Pilot

　　June 1, Ministry of Finance, Ministry of Science, Ministry of Industry and Information Technology as well as National Development and Reform Commission jointly issued announcements of Consumer New Energy Vehicle Subsidy Pilot and Implementation Details of Fuel Efficient Vehicle Promotion Project. Yesterday, journalist of China Securities Daily confirmed these two announcements have gained the support of many enterprises through phone calls.

　　Car enterprises think the amount of subsidies pretty helpful

　　Yesterday, public relations manager of BYD Xu An explained to the reporter the benefits enterprises and consumers can get from these two new rules in detail. “Take F3DM already on sale with a price of 169,800 Yuan for example, for the power of this model is over 17 kWh, according to our calculations, it should be able to get the maximum subsidy of hybrid 50,000 Yuan. In this way, consumers only need to spend 119,800 Yuan to get it, which is, relatively attractive. ”

　　Wang Jianjun, General Manager of BYD Auto Sales Co., Ltd. said, If F3DM go on sales in Shenzhen, it will be subsidized another 20,000 Yuan besides the subsidy of 50,000 Yuan from the central finance. Therefore, in Shenzhen F3DM will cost less than 100,000 Yuan, a really attractive price to commercially dissemination and private consumers.

　　Xu added,” Our pure electric car e6, which has already been available in Shenzhen market for rent can get the maximum subsidy of 60 thousand Yuan if sold to personal consumers, which I believe will be achieved soon.”

　　For what models will be incorporated into Fuel Efficient Vehicle Promotion Project, here is Xu’ statement, “Not all vehicles with a lower than 1.6-liter displacement can enjoy the subsidy of 3,000 Yuan. Specific emissions and fuel consumption will also make the difference. Our F0 model is estimated to enjoy a subsidy of 3,000. ”

　　For this amount of subsidies, Xu said: “To have been pretty good.”

　　To accelerate the pace of research and development of new energy vehicles

　　Besides BYD, a lot of other carmakers who have not started selling new energy vehicles also said “will accelerate their pace” .

　　Yesterday, Yang Xueliang, Director of Public Relations Department of Geely said to the reporter, “referring to the low-emission energy-saving products, we has products meet The third phase of passenger car fuel consumption limits issued this year, including Panda ; as to new energy products, we have completed the development of electric car powered by low-cost lead-acid battery and electric model equipped high-performance lithium-ion battery and a plug-in hybrid vehicle, which will be gradually on sales in these five pilot markets once approved by the national authorities.”

　　Chery Automobile Company will be the direct beneficiaries of the subsidy policy in the pilot city Hefei. Jin Yibo, assistant of general manager of Chery Automobile said, “This subsidy policy is an opportunity for us.” but he also pointed out, “large-scale commercialization of electric cars still need time to promote.”Customer acceptance of electric cars and convenience of charging facilities are all uncertain factors to the commercialization of electric cars.

　　A Source from Major domestic automaker SAIC have also said to the reporter, “Shanghai GM had already developed Buick Regal hybrid vehicle model, used for rent during the Shanghai World Expo. SAIC is currently holding and will soon finish the statistics of models with a displacement of less than 1.6 liters. ”

　　Supporting facilities to be improved

　　Industry insiders all take supporting facilities an important factor to influence the new energy vehicle market.

　　Vice-general Manager of BYD Auto Sales Co., Ltd. Wang Jianjun said: “besides prices, in the new energy vehicle market, the supporting facilities will also be a decisive factor.”

　　Wang added, “The construction of facilities is very urgent. The reason we have carried out large-scale commercialized promotion in Shenzhen is just because the construction of charge piles and charging stations are more consummate in Shenzhen than in other cities, which is very important for commercial promotion. Only convenience can bring usage while the usage can expanse the commercialization, which can lower down the manufacturing costs of one vehicle.

　　Generally, there are two measures to promote electric vehicles among different countries, one is consumers incentives, that is consumers can get respective rewards from the governments if they purchase electric vehicles, 7500 U.S. dollars in the United States, 5000 euros in France and about 700 000 yen in Japan while another incentive is to provide zero emissions vehicle investors with long-period and low interest rates loans come from the governments or the banks appointed by the governments. Presently, United States, Europe and Japan are all implementing such preferential lending measures.

　　According to industry sources, the launching of the consumer incentive policy is welcomed by vehicles enterprise. Since the subsidies are given directly to the enterprises, for consumers, it is not clear now whether the ex-factory prices or the fall or terminal prices will be cut down. Anyway, the automakers had better let the sweetness of subsidy policy be tasted by consumers in practice.

　　(Translator: Yalong/Jessie)

　　See original Chinese report Please click:

　　http://auto.sohu.com/20100604/n272563077.shtml