Just last week, China's new energy market once again ushered in good news at the policy level.
On June 2, Beijing time, Premier Li Qiang presided over the executive meeting of the State Council to study policies and measures to promote the high-quality development of the new energy vehicle industry.
The meeting pointed out that new energy vehicles are the main direction of the transformation and upgrading of the automobile industry, and the development space is very broad. It is necessary to consolidate and expand the development advantages of new energy vehicles, further optimize the industrial layout, strengthen the research of key core technologies in key areas such as power battery systems, new chassis architecture, and intelligent driving systems, coordinate the development and utilization of domestic and international resources, improve the recycling system of power batteries, build an industrial ecology for the integrated development of "vehicle energy road cloud", and improve the independent controllability and green development level of the entire industrial chain.
At the same time, it is necessary to continue and optimize the new energy vehicle purchase tax reduction policy, build a high-quality charging infrastructure system, further stabilize market expectations, optimize the consumption environment, and release the consumption potential of new energy vehicles.
So far, especially the proposal of "extending and optimizing the new energy vehicle purchase tax reduction policy", it has injected another "shot in the arm" into China's new energy vehicle market after the withdrawal of the new energy vehicle subsidy policy.
According to the data, the new energy vehicle purchase tax reduction policy began in 2014, and the new energy vehicles exempted from vehicle purchase tax refer to pure electric vehicles, plug-in hybrid (including range extender) vehicles, and fuel cell vehicles. Due to the positive market response, the policy was renewed twice in April 2020 and September 2022, respectively.
In the view of Cui Dongshu, secretary general of the Passenger Association, "the purchase tax exemption policy for new energy vehicles has played a huge role in promoting the development of the new energy vehicle industry in the mainland." "It is precisely because of this that it is foreseeable that China's new energy market will continue to develop rapidly in 2023 and beyond."
As everyone knows, just now, from the May new energy passenger vehicle market estimate released by the Passenger Association, the wholesale sales of new energy passenger vehicle manufacturers were 670,000 units, an increase of 11% month-on-month and 59% year-on-year. It is expected that the new energy wholesale of passenger car manufacturers in China from January to May will reach 2.78 million units, a year-on-year increase of 46%. According to the estimated ranking, BYD and Tesla continue to lead all competing car companies with absolute advantages.
In this regard, the passenger association said, "In 2023, the new energy vehicle market will show the characteristics of gradually rising, with the launch of a large number of competitive new products, the price promotion efforts continue to increase, consumers' purchase enthusiasm is gradually released, the national new energy passenger vehicle market returned to a strong growth feature in May, and the overall car market continued the strong trend in April, and sales hit a new high this year." ”
It is precisely based on this background, also in the prediction of the Passenger Association, China's new energy market will inevitably climb to an unprecedented height this year, and two key data will make history.
"In 2023, domestic sales of narrow passenger cars will be 23.5 million units, new energy passenger vehicle sales will be 8.5 million units, and the annual penetration rate of new energy vehicles is expected to reach 36%, and the current operating state is basically consistent with the forecast."