Major benefits: continue to implement policies such as new energy vehicles exempt from vehicle purch

August 20, 2022
The executive meeting of the State Council decided to continue the implementation of policies such as new energy vehicles exempt from vehicle purchase tax

According to a report by CCTV News on the evening of the 19th, the executive meeting of the State Council decided to continue the implementation of policies such as exemption of vehicle purchase tax for new energy vehicles to promote mass consumption.

Extend the policy of exempting vehicle purchase tax to the end of next year, and continue to provide support such as exemption from vehicle and vessel tax and consumption tax, right of way, and license plates. Establish a coordination mechanism for the development of the new energy vehicle industry, and use market-based methods to promote the survival of the fittest and the development of supporting industries for vehicle companies. Vigorously build charging piles, supported by policy-based development financial tools.

Junfeng Company delivered this important message that night and made good preparations for it.

This policy will definitely affect the market dynamics in the second half of 2022. Junfeng believes that it will release more space for new energy vehicle resources in the second half of the year.

On July 19, the Ministry of Industry and Information Technology stated at a press conference that everyone is generally concerned about the exemption of purchase tax, and the State Council attaches great importance to it. At present, the relevant departments of the Ministry of Industry and Information Technology are stepping up research and releasing relevant results as soon as possible.

In addition, on July 7, 17 departments including the Ministry of Commerce issued the "Notice on Several Measures to Revitalize Automobile Circulation and Expand Automobile Consumption". The "Notice" shows that the relevant departments support the consumption of new energy vehicles, and are studying the issue of the extension of the new energy vehicle purchase tax exemption after the expiration of the policy.

In April last year, the Ministry of Finance and other three ministries and commissions officially issued a policy announcement on the exemption of purchase tax for new energy vehicles. From January 1, 2021 to December 31, 2022, the purchase of new energy vehicles will be exempted from vehicle purchase tax. New energy vehicles exempt from vehicle purchase tax refer to pure electric vehicles, plug-in hybrid (including extended-range) vehicles, and fuel cell vehicles.