Double car points give traditional car prices buffer time

With the gradual improvement of technology, consumers' concerns about the mileage, reliability, and charging difficulties of new energy vehicles have been resolved. In the first eight months of this year, sales of new energy vehicles rose by more than 30% year-on-year. The China Association of Automobile Manufacturers had previously forecast that China’s new energy vehicles will sell about 700,000 vehicles this year. Market participants said that due to the future reduction in the amount of subsidies, there will be a rapid increase in new energy vehicle sales during the year.

The repeatedly postponed passenger car dual-point policy has finally put off its boots before the National Day. The management methods announced by the four departments such as the Ministry of Industry and Information Technology have shown that the dual-point management method has been implemented since April 1, 2018. Domestic passenger car manufacturers and import passenger car supply companies are treated equally, starting from 2019. New energy vehicle points ratio requirements. According to relevant person in charge of the Ministry of Industry and Information Technology, this is mainly to leave more preparation time for more traditional car companies.

The so-called double points refers to the average fuel consumption points of passenger car companies and new energy vehicle points. The policy stipulates that since 2019, passenger car companies should meet the requirements for the proportion of new energy vehicles, and those enterprises that do not meet the requirements of the ratio will generate negative points for new energy vehicles, and they need to purchase new energy vehicles from other companies for positive compensation. This policy has also been regarded by some industry experts as the only policy in the world to encourage new energy and restrict traditional cars.

According to the policy, there are three application methods: carry forward, transfer, and transaction. The car company's new energy autos are eligible for free trading. The Ministry of Industry and Information Technology will also establish a “automobile fuel consumption and new energy vehicle integration management platform” to build completely free. Point trading market.

It is reported that this policy basically covers all domestic auto companies, and some experts estimate that 98% of the auto production will be affected. However, some small-volume production vehicles, such as luxury cars and new energy vehicles with an annual production capacity of less than 30,000 vehicles, do not set a scale requirement for the time being.

China has become the world's largest automobile production and sales volume for many years in succession. In 2016, China produced a total of 24.421 million passenger cars. The average fuel consumption of the Chinese auto industry reached 6.43 liters per 100 kilometers in that year, completing the planning goals of the year, but compared with developed countries. There is also a certain gap. At the same time, China is continuously making breakthroughs in the field of new energy vehicles. In 2016, the output of new energy vehicles reached 517,000 vehicles, and the cumulative output exceeded one million, ranking first in the world.

According to the analysis, China’s new energy vehicles are now in the world’s top camp in terms of drive motors, power battery technology, and industrial scale. The government is also increasing its support for new energy vehicles and providing support in various aspects such as taxation. The dual-point policy is expected to have a more positive role in promoting China's new energy auto industry and consolidate and strengthen China's new energy vehicle sector.

The relevant person in charge of the Ministry of Industry and Information Technology explained the policy, saying that the formulation of this policy is an option for energy conservation and emission reduction in the automotive industry, as the development of new energy vehicles has become an important way to effectively relieve China's energy and environmental pressure and promote the healthy and sustainable development of the automotive industry.

A person in charge of a car company told reporters that the implementation of the policy will promote the pace of development of new energy vehicles by major auto makers. At the same time, it will also encourage traditional car companies to increase their efforts in energy saving and emission reduction, and improve their capabilities through technological advancement. Consumption, reduce emissions.

The Ministry of Industry and Information Technology predicts that by 2020, China will accumulatively promote 3.8 million new energy passenger vehicles, and the average fuel consumption of passenger vehicles will reach 5.0 liters per 100 kilometers, cumulatively reducing carbon dioxide emissions by about 60 million tons, plus new energy commercial vehicles. The country will accumulatively promote 5 million new energy vehicles.

According to the external statement of the Ministry of Industry and Information Technology, the double-integration policy for passenger cars should be introduced in August this year and implemented in 2018. However, according to some experts, some car companies have been lagging behind in the development of new energy vehicles. They hope to have longer preparation and buffer periods.

"The implementation of this policy has fully taken into account the reality of more traditional businesses," said Dong Yang, secretary general of the China Automobile Industry Association.

The report of China New Energy Vehicle Index recently released by the Caixin think-tank pointed out that the delayed implementation of the new energy vehicle dual-point policy is about to change the pace of supply and demand growth of China's new energy vehicles, and the double-point policy has been deferred and reduced directly for 2018. China's demand for new energy vehicle market is not only a prediction of the full-scale counterattack of traditional car companies in the field of new energy vehicles in 2019, but also means that some of the new energy car companies' long-established new energy car point trading has basically become a bubble, but In the future, China's new energy automotive industry will usher in exponential growth.