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The new energy subsidy plan was announced, Toyota will launch an automotive software system, Tesla is inferior to Ford| Auto

01

Subsidies for new energy vehicles will decline by 30% in 2022

Recently, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission jointly issued the Notice on the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles in 2022 (hereinafter referred to as the Notice), which will be implemented from January 1, 2022.

The "Notice" makes it clear that in 2022, the current purchase subsidy system framework and threshold requirements will remain unchanged The subsidy standard for new energy vehicles will be reduced by 30% on the basis of 2021.

The new energy subsidy plan was announced, Toyota will launch an automotive software system, Tesla is inferior to Ford| Auto

At the same time, in accordance with the requirements of Caijian [2020] No. 86 document, the implementation period of the financial subsidy policy for the promotion and application of new energy vehicles has been extended to the end of 2022. Taking into account factors such as the development plan of the new energy automobile industry, the market sales trend and the smooth transition of enterprises, in order to maintain the good development momentum of the new energy automobile industry and stabilize the industry and consumer expectations, the Notice clarifies that the subsidy policy for the purchase of new energy vehicles will be terminated on December 31, 2022, and the vehicles licensed after December 31 will no longer be subsidized.

The decline of subsidies means that individuals will bear more costs for consumers, and for car companies, it means that they will rely more on quality and word-of-mouth to sell cars in the future. In addition, there are views that the decline of new energy subsidies may have an impact on the sales of new energy vehicles. However, there are also views that because the subsidy standard remains unchanged and the battery technology is improving, the policy mainly promotes the substantial growth of the scale of new energy vehicles.

02

Toyota motor will develop a new software system by 2025

Toyota plans to launch its own automotive software operating system, "Arene," which by 2025, which will be able to handle everything from basic functions to autonomous driving.

Toyota aims to apply The Arene to its own cars by 2025. Toyota will then make the software available to subsidiaries such as Subaru, as well as to other manufacturers and startups working on electric or self-driving cars. Toyota is considering commercializing the system through a licensing model.

The new energy subsidy plan was announced, Toyota will launch an automotive software system, Tesla is inferior to Ford| Auto

Toyota will open Upen to other developers to encourage companies outside the industry to develop apps for autonomous driving and other features. Toyota envisions adding services for various businesses to cars as easily as downloading smartphone apps.

Toyota expects that as more users and developers join, Arene will become a more practical and effective platform, generating more data that can be used to create new services.

It is understood that Toyota's system will compete with Volkswagen and Daimler. Currently, Volkswagen is developing its "VW. OS" software, and Daimler plans to use its own "Mercedes-Benz Operating System" operating system in its models in 2024.

03

Tesla's market capitalization grew by $143.6 billion, and the full-year increase was inferior to Thatd's

On January 3, Tesla announced its annual sales in 2021, tesla deliveries in 2021 reached 936,200 units, approaching the 1 million mark, compared with 2020 sales net increase of 436,000 units, an increase of 87.2%.

Affected by this news, Tesla's stock price rose sharply. As of the close of the U.S. stock market on January 3, Tesla's stock price rose 13.53%, with a total market value of $1.2 trillion, and the market value increased by $143.6 billion (about 912 billion yuan), the biggest gain since March last year, and the best start for Tesla.

At the same time, Musk's personal wealth increased by $33.8 billion to $304.2 billion, firmly on the throne of the world's richest man.

The new energy subsidy plan was announced, Toyota will launch an automotive software system, Tesla is inferior to Ford| Auto

However, throughout the 2021 auto capital market, Tesla was "defeated" by Ford Motor. In 2021, Tesla's stock price soared nearly 50 percent, while Ford's stock price soared more than 140 percent, beating Tesla, General Motors and a slew of electric vehicle startups to become the best-performing car stock in 2021.

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