Recently, the relevant departments of the National Development and Reform Commission officially confirmed that the subsidy for the purchase of new energy vehicles will be terminated at the end of this year, and new energy vehicles licensed after December 31 this year will not be able to enjoy new energy vehicle subsidies.
This year is the last year for new energy vehicles to enjoy purchase subsidies, compared with 2021, the subsidy margin has dropped by 30%, the subsidy for models with a range of more than 400km has been reduced from 18,000 to 12,600, and the subsidy for other types of new energy vehicles has also been reduced. In response to this year's subsidy decline, Tesla, Xiaopeng, BYD and other car companies have adjusted prices, with an increase of 4,000 yuan to 10,000 yuan, and it is expected that at the end of this year, after the official end of the subsidy for new energy vehicles, a new round of price increases will be ushered in.
In response to the price fluctuations caused by the decline in subsidies this year, the common practice adopted by car companies is: vehicles that paid a deposit years ago are calculated according to the subsidy price in 2021, and some car companies choose to make up the difference at the beginning of this year and sell according to the subsidy price in 2021. However, the relevant departments have stipulated that vehicles licensed after December 31, 2022 will no longer enjoy subsidies, and how to do a good job in pricing and sales from the end of this year to the beginning of next year is particularly important.
If the price increase is distinguished before the planned delivery period of 12.31, the delay in delivery caused by the shortage of parts and components will inevitably cost the car company to pay the price difference caused by the failure to be licensed on time, which may lead to problems such as rush work and vehicle work. If the distinction is made according to the order time, the short-term surge in orders brought about by the problem is also worthy of attention by car companies. How car companies deal with the problems arising from this transition period is of great concern to consumers.
In 2023, new energy vehicle subsidies will bid farewell to the historical stage, fuel vehicles and new energy vehicles once again stand on the same starting line, there is no price advantage brought by subsidies, consumers are bound to re-examine the advantages and disadvantages of fuel vehicles and new energy vehicles, those less competitive models and car companies, I am afraid that they will be eclipsed in this change. However, Xiao Daoge believes that with the continuous improvement of new energy vehicle technology and the expansion of the market, the cost of research and development will continue to be amortized, and the cost of vehicle production will gradually decrease, and new energy vehicles may continue to have certain advantages in price without subsidies. Moreover, the overall level of intelligence and networking of new energy vehicles is much higher than that of fuel vehicles, which may make consumers continue to firmly choose new energy vehicles.