When the rocket enters the orbit, it no longer needs expensive fuel to promote, the same is true for the new energy industry, when the industry enters a benign development cycle, purchase tax subsidies, will there be?
In 2009, the purchase tax of models with a displacement of less than 1.6L was halved, and in 2016, there were corresponding policies, and at the same time, in the earlier period, there were subsidies for motorcycles going to the countryside, home appliances going to the countryside, and cars going to the countryside.
Subsidies appear for only one purpose, that is, to promote consumption and promote the development of the industry.
Every subsidy will have a clear effect, and the purchase tax in 2009 will be halved and the purchase tax in 2016 will be halved, and car sales have increased significantly.
The purchase tax subsidy of new energy is to allow more people to use less money to buy a new energy vehicle, which is essentially so, so the subsidy of new energy is two-way, one is to face the enterprise subsidy, so that more enterprises go deep into the field of new energy, create a more competitive model that can make the market benign choice, and the second is to face the consumer, put forward the purchase tax subsidy program, compared to the project of halving the fuel vehicle in that year, this time buying new energy directly does not require purchase tax.
The money invested in the new energy market is a lot of money, and the effect is relatively fast.
In 2020, domestic sales of new energy vehicles were 1.36 million units, an increase of 11% compared with 2019, and in 2021, this figure reached 3.52 million units, doubling the growth rate in one year.
I have to say that 2021 is a year of blowouts in new energy sales.
Previously, we have analyzed that once the penetration rate of new energy sales is close to 30%, then the future subsidy will have a relatively large turn, because once the penetration rate of 30% is achieved, it means that 3 out of 10 people buy new energy vehicles, the proportion is not low in the strict sense, and 3 people will also affect the future stage of car buyers, will transform a part of the new energy users.
At present, the new energy penetration rate is predicted to reach 21% in 2022, which has entered a period of rapid development.
From the perspective of the market, the collective price of electric vehicles increased at the beginning of this year, and a series of industry giants such as Tesla and BYD raised the price of new pure electric vehicle models, and the reason behind the price adjustment was that the cost was forced to increase.
On the one hand, the cost of lithium batteries and chips cannot be suppressed, and the cost of raw materials and suppliers has increased the manufacturing cost of electric vehicles, on the other hand, the degree of subsidies has continued to decline, the cost of sales has increased, and the price increase of electric vehicles after the beginning of the year has become an inevitable situation.
In the past three years, subsidies for electric vehicles have declined significantly, which also means that support for enterprises has gradually declined.
Previously, we talked about the subsidies in the new energy industry are two-way, there are subsidies to enterprises and subsidies to consumers, and the subsidies for enterprises are greater in terms of weight, and double points are also a way for enterprises to do electric vehicles.
After the subsidies for enterprises are reduced, the subsidies to users will also decline in the future.
So the future of electric vehicle subsidies will still exist, after all, once the sales of new energy models go up, the penetration rate will also be greatly improved, the greatly improved penetration rate of new energy models will allow new energy models to bring new consumption methods and consumption environment, the current mainstream cities have a large number of new energy vehicles, once the subsidies are tightened in the future, the trend of the industry to new energy consumption will not change, after all, the industry has entered the right track.
Once this happens, the subsidy for the purchase tax will also most likely decline, and it is only a matter of time.