On December 30, the website of the Ministry of Industry and Information Technology announced the 50th batch of "Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax", including Tesla Model 3, Model Y, Nezha U, Nezha V, Nezha U Pro, BYD Tang, Euler Ballet Cat, Xiaopeng P5, Ideal ONE, etc. It is worth mentioning that the Q&I M5 released by Huawei not long ago is also in the list of exemptions from purchase tax.

Xiao Lei learned that the M5 is the first model equipped with Harmony OS, jointly built by Huawei and Xilix, positioning medium and large hybrid SUV. The car is equipped with HUAWEI DriveONE pure electric drive range extender platform, including a 1.5T four-cylinder range extender, asynchronous AC motor and permanent magnet synchronous motor, CLTC under working conditions its cruising range of up to 1242 kilometers, more fuel efficient than transmission fuel vehicles, but also longer than pure electric vehicles.
The biggest highlight of the M5 is the built-in Harmony OS smart cockpit, with the advantages of "Internet of Everything", Huawei users can check the status of the vehicle through mobile phones, smart watches and other devices, and can also remotely start the vehicle. In addition, the L2+ assisted driving common to flagship models, automatic parking is also the standard of the Q&C M5.
The car starts at 250,000 yuan, the price is not too high, lower than the Tesla Model Y, and now it has also added a "luxury package" that is exempt from vehicle purchase tax, which means that users can mention this Hongmeng car for less money. In the context of vigorously developing new energy vehicles, the exemption of vehicle purchase tax can stimulate consumer purchases, stimulate domestic demand, and accelerate the popularization of new energy vehicles. For car companies, there are more people buying cars, and follow-up product iterations, after-sales and other aspects will be more active.
However, the exemption of the purchase tax on the M5 can bring a large number of orders for Huawei and Cyrus, and will also bring more pressure on Cyrus's delivery. In the first half of this year, the Huawei Smart Choice SF5 jointly launched by the two companies also had a lot of after-sales orders, but because of the production capacity problem, the vehicles delivered each month were relatively limited, and the heat of the car did not remain very good.
The Spring Festival is coming, and many consumers hope to buy a new car to go home for the New Year a few years ago, which is a test of the production capacity and inventory of various car companies. Elon Musk said that a large number of Tesla vehicles will be delivered before the end of the year, indicating that the company's production capacity is able to cope with the peak period of car purchases before the Spring Festival. For consumers, when buying a car in the peak consumption season, they will give priority to the manufacturers with goods, and look forward to the performance of Xiaopeng, Ideal, and Xilis.