New energy vehicle purchase tax exemption period extended for another two years, Shanghai pushes 6 policies to promote car consumption _ 东方 东方网

Original title: Geshi Weekly News | New Energy Vehicle Purchase Tax Exemption Period Extended for Another Two Years Shanghai Powers 6 Policies to Promote Car Consumption

This week, at home and abroad.Automotive industryWhat important events have occurred? Gasgoo made the relevant summary a few days ago, and now orders the relevant points as follows.

Three ministries, including the Ministry of Finance: new energy vehicles will be exempt from vehicle purchase tax from 2021 to 2022

On April 22, the Ministry of Finance, the State Tax Administration and the Ministry of Industry and Information Technology jointly issued the “Relevant Policies on Exemption from Vehicle Purchase Tax for New Energy Vehicles”.AdThe announcement noted that from January 1, 2021 to December 31, 2022, the purchase of new energy vehicles will be exempt from the vehicle purchase tax. New energy vehicles exempt from the purchase tax on Vehicles refer to pure electric vehicles, plug-in hybrid vehicles (including extended range) and vehicles with fuel cells.

Image source: screenshot from the Ministry of Finance announcement

Global Comment:

Since last year, due to the impact of the withdrawal of subsidies, sales of new energy vehicles have continued to weaken and the impact of the epidemic has overlapped. According to data from the China Automobile Association, sales of new energy vehicles in the first quarter of 2020 were 114,000 units.I andA drop of 56.4% urgently needs a policy push. The good news is that in the past two months, many car purchase subsidies have been introduced to boost the car market. In addition to the favorable policy that new energy vehicles continue to be exempt from the vehicle purchase tax, sales of new energy vehicles are expected to increase gradually.Automotive industryThe upward trend remains unchanged.

Shanghai promotes 6 policies to promote car consumption

On April 23, the press office of the Shanghai Municipal People’s Government held a press conference. The Shanghai Development and Reform Commission noted at the meeting that the next approach will focus on six aspects of researching and formulating various policies to promote the city’s car consumption, including increasing licenses.Supply1. Provide subsidies for “exchanging old vehicles for new fuel”, “charging subsidies” to consumers purchasing new energy vehicles, expanding the scale of application of new energy vehicles, improving infrastructure for charging (exchanging) electricity and creating a smart car consumption environment.

Global Comment:

In addition to Shanghai, many provinces and cities have successively introduced measures to relax car purchase restrictions and implement new subsidies for car consumption. Judging by the current situation, the car market is trending.To get betterHowever, it has not been significantly driven by policy. The purchasing power of the current auto market is speculated to be relatively slow due to various factors such as the economic environment, and consumer confidence takes time to recover. Based on the above, the real landing effect of the policy can only become more evident in the second quarter.

Car sales in Europe fell by more than 50% in March, 15 large car companies fell by more than 35%

European carMakerAccording to data published by the Association (ACEA), affected by the epidemic, since mid-March, most countries in Europe have adopted strict blocking measures, and car dealerships have been closed, so that European demand of cars has decreased by more than 50%. During the same period, 1,771,030 vehicles fell to 853,077, which is the third consecutive month of decline in the European car market.

All carsBrandSales in Europe decreased this month. Among German brands, the Volkswagen Group fell 44% year-on-year, BMW Group sales fell 39.7% year-on-year and Daimler Group sales fell 40.6% year-on-year. Among the legal brands, PSA and Renault sales fell 67% and 64%, respectively, and the FCA Group recorded a 74% year-on-year decline in records. Among Japanese and Korean brands, Toyota Motor Group performed relatively well, with a 36% year-over-year decline and Mazda’s decline of up to 63%.

Global Comment:

Affected by the epidemic, many European countries continue to implement blockades. Most car dealerships are in a closed state. Auto sales in Europe will continue under pressure, and from ChinaThe marketJudging by the situation, even if the epidemic has ended, the auto market has yet to undergo a gradual recovery process. According to IHS estimates, new car sales in the western and central European markets will decline 24.9% to 13.6 million this year.

Byton temporarily laid off hundreds of employees in the United States, the collective leadership cut wages by 80%

Beiten wireless connection in Santa ClaraSupervisorKen Bauer recently revealed, “Battered by the new coronavirus epidemic, Byton had to temporarily lay off hundreds of Santa Clara employees, including myself.” A Byton spokesman also confirmed that theThe companyThe Santa Clara R&D Center employs a total of 450 employees, and approximately half of the employees will be affected. In addition to the temporary layoff of employees, Byton’s leadership will also collectively cut wages by 80%.SalaryIt will be usedInvestmentThe company’s C round of financing.

Global Comment:

After the outbreak, startBusinessCommercial operations face great challenges, some without technical advantages or capital reserves.StartupsThe situation is more difficult. Fortunately, the main issue facing Byton remains the capital issue, and a number of tiered steps have been taken to ease pressure on funds, including focus on existing resourcesIndustryBusiness, wage control, etc., the problem of “surviving” is not a big one.

TeslaNational model3Price increase

April 24,TeslaThe official prices of two national models of Model 3 were adjusted. According toTeslaChina’s official website shows that the price of the upgraded version of the Model 3’s standard battery life and the long-lasting battery version have increased by 4,500 yuan and 5,000 yuan, respectively. The current prices for the two models after subsidies are 303,500 yuan and 344,500 yuan, originally slated to start in January of next year. The price of the delivered high-performance version remains unchanged.

Image Source: Screenshot from Tesla China official website

Global Comment:

Despite the updraft caused by the epidemic abroadSupply chainParts andRaw MaterialsDue to price increases and other reasons, the price of the national Model 3 has increased, but industry experts believe that this high probability is only a short-term behavior. Affected by the New Deal Grant (the New Deal Grant clearly stipulates that the pre-subsidy sale price of all new energy cars must be 300,000 yuan or less), the pre-subsidy sale price of the National Model 3 is further reduced to less than 300,000 to continue enjoying new energy Grants, in addition, withLocation feeIn fact, there is room for the reduction of prices of the national Model 3.

Webasto Part of EuropeFactoryResume production

Within this week, Webasto announced that its plants in Germany, Romania, and the Czech Republic have resumed production starting this week. The production capacity of some of the previous factories is reported to have been restored to 50%, and production is expected to further increase in early May. However, half of its factories in Europe and all factories in the United States are still closed. Production is expected to resume between the end of April and the beginning of May, but the factory’s production capacity will be significantly reduced compared to the previous one.

Global Comment:

In the past two weeks, there have been many companies and auto parts abroad.ProviderAnnounced the resumption of production and production, which to a certain extent confirmed the MinistryPartitionThe improvement in the regional epidemic situation has sent a positive signal to the automotive market. However, since the epidemic prevention and control situation continues to beMarket demandRecovery will take time, and recovery of the production capacity of these companies may be slow.

(Editor in charge: DF395)