Will pure electric vehicles with a range of less than 200km cease to exist?New energy vehicle purchase tax policy adjustments

Text/Xius Recently, the Ministry of Industry and Information Technology, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Adjusting the Technical Requirements for New Energy Vehicle Products with Reduction and Exemption of Vehicle Purchase Tax", which clarified the applicable policies for vehicle purchase tax reduction and exemption of new energy vehicles after June 1, 2024. Technical conditions and execution requirements. Among them, the adjustment of the pure electric part is huge, requiring the cruising range to be doubled, and the minimum pure electric cruising range cannot be less than 200km. In other words, some mini cars with a range of less than 200km, led by Hongguang MINIEV (Inquiry | Picture | Parameters), have Pay the purchase tax. From a specific policy point of view, the current purchase tax exemption policy requires pure electric driving range to be greater than or equal to 100 kilometers, and after this technical adjustment, the policy requires greater than or equal to 200 kilometers. Under the current policy, the energy density of power batteries only needs to be greater than or equal to 95Wh/kg to meet the requirements, but in the new regulations, this parameter is adjusted to 125 Wh/kg. Although this requirement has no impact on most current pure electric vehicles, because the mainstream pure electric vehicles have a range of more than 400 kilometers, those low-priced pure electric vehicles with small batteries and short range will not be able to meet the requirements. Therefore, by paying the purchase tax, It forces car companies to improve the technological content of car manufacturing, achieve higher and stronger electric vehicle performance, and no longer take the low-price route. In order to promote the development of the entire new energy vehicle industry in a more sustainable direction, improve technological levels, and reduce concerns about battery life, the introduction of new regulations has become an inevitable choice. Many minicar models we are familiar with, such as MINIEV, QQ Ice Cream, Geely Panda, etc., have a range of less than 200 kilometers. These models cannot enjoy the green card purchase tax exemption policy under the restrictions of the new regulations. Although some of the models have a cruising range of more than 200 kilometers, the battery quality and energy density are not up to standard and cannot meet the requirements. Taking the Wuling Bingo 230km light model as an example, although the cruising range exceeds 200km, the battery mass energy density is 121Wh/kg, which is lower than the standard 125Wh/kg. For these cars that focus on low prices to attract consumers, if the purchase tax is paid, the price will be several thousand yuan more, the cost performance will be greatly reduced, and it will be difficult to attract consumers. Of course, car companies must maintain competitiveness and gain profits, so in the future, it is expected that these models whose range and battery energy density do not meet the standards will be replaced by large-capacity battery packs, so that their range and battery energy density can be improved, thus Those who meet the standards will continue to enjoy preferential policies to maintain product competitiveness. It is very likely that there will be no new pure electric vehicles with a range of less than 200 kilometers on the market, which will make these models with a range of less than 200km and a battery energy density of less than 125Wh/kg no longer exist and become history. For car companies, the new regulations will be implemented on June 1, 2024, and there is still enough time to make adjustments and upgrades to create cars with better battery life and promote industrial technology upgrades. Of course, it is also necessary to implement certain price reduction promotions for existing models. After all, if they are not sold now, it will be difficult to sell them again after paying the purchase tax later. For consumers, if the budget is not sufficient, or there is no need for high battery life, then the recent period is the best time to buy these short-range electric vehicles. After all, after the issuance of new regulations, the starting sales threshold of such models will There will be an improvement. Although the battery life will be improved, the price will also increase. Therefore, you have to start from your own situation and needs and buy the product that best suits you. Written at the end: In general, the implementation of the new regulations can promote automobile manufacturers to achieve progress in technological innovation, raise the threshold for using electric vehicles, and improve users’ experience. It will also push the entire new energy vehicle market towards a healthier place. , positive direction.