Recently, Wu Zhixin, deputy director of China Automotive Technology and Research Center, said in an interview that subsidies for new energy vehicles will be substantially reduced this year and will be completely canceled by the end of 2020. Models eligible for subsidy in 2017 this year Four-month preferential deferral period. Ministry of Finance and Ministry of Industry and other ministries have submitted the final proposal pending approval, the final result will soon be publicized, the next phase will optimize the path of subsidies, subsidies from the front to the subsidy back-end transformation. The so-called front-end, refers to the automobile manufacturing upstream research and development, production and sales stage; and back-end refers to the parking, license plates, road rights and other new energy vehicles aftermarket aftermarket stage.

According to the online circulation of subsidy program manuscripts, since 2018, mileage of less than 150 kilometers of new energy vehicles will no longer enjoy the subsidies; new energy bus electric subsidies will be lowered from 1800 yuan / kWh to 1100 yuan / kWh, non Fast-charging bicycle state subsidies up to not more than 180,000 yuan, State complement + to make up the ceiling down to not more than 270,000 yuan, the latter two subsidies have shrunk 40%.

According to the manuscripts circulated on the Internet, more than 70% of the new-energy automobile products will be affected by the adjustment of subsidies no longer enjoyed below 150km. This also means that many enterprises' production plans must be completely reversed.

Subsidy accelerated back slope

In early 2017, there was a lot of questioning voices in the industry when the production and sales of new energy vehicles were expected to reach 700,000. However, recently, according to the latest production and sales of new energy vehicles in 2017, production and sales of new energy vehicles in China reached 794,000 units and 777,000 units respectively in 2017, up 53.8% and 53.3% respectively over the same period of previous year. Production and sales of new energy vehicles still maintained a rapid growth trend. Although the current policy of subsidizing the downslope in 2018 has not yet been officially announced, the fact that subsidies have been declining has already become a decisive factor.

In 2017, the state subsidy policy will set a cap on the financial subsidies of the central and local governments, and the financial subsidies at local levels shall not exceed 50% of the central subsidies. In 2019-2020, the standards and ceilings for central and local subsidies will be set back from the current basis 20% in the new energy vehicles catalog models, to December 31, 2017 exemption from purchase tax. In accordance with the model and life mileage, the pure electric car mileage of 100 to 150 kilometers, the amount of subsidies 20,000 yuan / vehicle, 150 to 250 km, 36,000 yuan / vehicle, more than 250 km, 44,000 yuan / vehicle; Electric range-extended electric vehicles, mileage is greater than or equal to 50 km, subsidies 24,000 yuan / vehicle; fuel cell vehicles 200,000 yuan / vehicle.

In 2017, the state subsidy policy will set a cap on the financial subsidies of the central and local governments, and the financial subsidies at local levels shall not exceed 50% of the central subsidies. In 2019-2020, the standards and ceilings for central and local subsidies will be set back from the current basis 20% in the new energy vehicles catalog models, to December 31, 2017 exemption from purchase tax. In accordance with the model and life mileage, the pure electric car mileage of 100 to 150 kilometers, the amount of subsidies 20,000 yuan / vehicle, 150 to 250 km, 36,000 yuan / vehicle, more than 250 km, 44,000 yuan / vehicle; Electric range-extended electric vehicles, mileage is greater than or equal to 50 km, subsidies 24,000 yuan / vehicle; fuel cell vehicles 200,000 yuan / vehicle.

As early as 2015, the four ministries and commissions of the People's Republic of China promulgated the "Circular on the Financial Support Policies for the Promotion and Application of New Energy Vehicles for 2016 to 2020". The state estimates that the subsidy standard for 2017-2018 will drop by 20% on the basis of 2016, and the subsidy standard for 2019-2020 A 40% drop on the basis of 2016. As can be seen, in addition to the state's financial subsidies to withdraw from the slope, the state was accelerated downhill and early retirement.

Seen in this light, with the tightening of policies and the introduction of various elite capitals, competition in the industry has started to become fierce, and the reshuffle of the new energy automobile industry is accelerating. Currently on the market more than 200 battery companies, the future may only be left more than 20. After the industry competition intensifies, does not mean that the state will cancel the subsidy, no longer support the development of new energy automotive industry. On the contrary, the state will further optimize the subsidy path from the subsidy front to the subsidy back-end. Therefore, enterprises must make preparations in advance.

▋ post-subsidies era: businesses should be awake

The rapid withdrawal of subsidies will bring tremendous pressure on the development of the industry. Vehicles and parts manufacturers will face a massive reshuffle and enter the post-subsidization era in 2020. Wu Zhixin, deputy director of the National Automotive Technology Research Center believes that the new energy automotive industry driven by the national policy-driven demand for the terminal, the window is very narrow, the next three years will be a severe test of the new energy auto companies rejuvenated, the competition will be Turn to the competition of "overall competitiveness" such as "innovation ability", "product quality", "extension service" and "business model". We must keep awake.