Recently, the Ministry of Industry and Information Technology, together with relevant departments, launched the second revision of the "Measures for the Parallel Management of Average Fuel Consumption and New Energy Vehicle Credits of Passenger Vehicle Enterprises", studying the requirements for the credit ratio of new energy vehicles from 2024 to 2025, implementing the credit pool management system, and exploring the connection mechanism with the carbon trading market.
According to the point pool system, when the supply of points market exceeds demand, enterprises voluntarily apply for positive credit collection and storage of new energy vehicles. The positive points of new energy vehicles collected and stored in the pool are valid for 5 years, and there is no longer a carryover ratio requirement, that is, there is no more impairment in the annual carryover. When the supply of the credit market is less than the demand, release the stored positive points of new energy vehicles to adjust the supply and demand of the points market. The trigger conditions for the collection, storage and release of credits in the credit pool are determined by the supply-demand ratio, where the supply-demand ratio refers to the ratio of positive credits for new energy vehicles available for trading in the current year to negative points to be offset by external transactions.
