70% of the hottest subsidies were rejected due to

2022-09-21
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70% of the subsidies were rejected due to inconsistent battery information. New energy vehicle subsidies are strictly speculative and lucky.

although the new energy vehicle subsidy policy in 2019 has not yet been implemented, everyone seems to believe the news that the subsidy is about to decline by more than 40%

before the sharp decline of subsidies in 2019, the liquidation of the remaining subsidies has become a good medicine to relieve the pressure on car companies

on March 19, the official of the Ministry of industry and information technology issued the publicity on the preliminary review of the subsidy funds for the promotion and application of new energy vehicles in 2016 and previous years (hereinafter referred to as the publicity). This is the sixth time that the Ministry of industry and information technology has publicized the list of subsidies for new energy vehicles. Based on the six subsidies, the amount of subsidies before 2016 was considerable. The subsidies for new energy vehicles in 2016 accounted for more than half of the current total, and the subsidy review standard at that time had not been upgraded

in order to seize the opportunity to obtain higher subsidies, many car companies still have speculative psychology when declaring subsidies. This can also be seen from the reasons why the Ministry of industry and information technology "refused" subsidies or reduced the amount of subsidies for some models to meet market demand. Specifically include: 1. The declared product information or production enterprise is inconsistent with the filing parameters or announcements; 2. The vehicle model is not listed in the recommended catalogue; 3. Repeated declaration of cleared vehicles in 2015; 4. The time of vehicle license does not meet the requirements of this liquidation time; 5. This batch of vehicles are idle vehicles of related parties, which are accounted according to the annual subsidy standard according to the actual year of operation reported by the local government; 6. The accumulated mileage of vehicles used by non party and government organs is less than 20000 kilometers, etc

taking 2016 as the dividing line, after the "fraudulent subsidy" incident that year, the market gradually recovered calm, and 2016 also became the end of high subsidies. Since 2017, subsidies have gradually declined, so the audit requirements and standards have become increasingly stringent. According to the first batch of subsidy declarations in 2017 released by the Ministry of industry and information technology in June 2018, due to factors such as not accessing the national regulatory platform and the mileage accounting does not meet the requirements, more declared models have been reduced, and the passing rate has also decreased from 97% to 70%. Higher subsidy technology threshold and stricter examination and approval have increased the pressure on vehicle enterprises to vigorously develop new energy. In the explanations given by most auto companies for the decline in performance last year, the extension and decline of subsidies have become a common one

the declaration passing rate is still high

from the overall scale, in 2016 and previous years, the number of new energy vehicle promotion declared by enterprises totaled 103550, and the actual total number after the approval of the expert group was 100580, with a reduction of 2970, accounting for about 3% of the total declaration, and the approval passing rate was 97%. The total amount of liquidation subsidies applied by enterprises is about 12.98 billion yuan. After the approval of the expert group, the amount of liquidation subsidies should be about 12.58 billion yuan, with a reduction of about 400million yuan. "On the whole, the residual scale of subsidy liquidation in 2015 and 2016 is not very large." Cuidongshu, Secretary General of the passenger Association, said

among them, in 2015 and previous years, the number of enterprises applying for promotion was only 30936 sensors replaced. After the approval of the expert group, the actual number was 29034, and 1902 were reduced, accounting for about 6.2% of the total number of applications, and the approval pass rate was about 93.8%. The enterprises declared a total of 3.3 billion yuan for liquidation, and the actual subsidy funds that should be liquidated after verification were 3 billion yuan. In 2016, the number of enterprises applying for promotion was 72614, and the actual number was 71546 after the approval of the expert group, with a reduction of 1068, accounting for about 1.5% of the total number of applications, and the approval pass rate was about 98.5%. Enterprises declared a total of 9.68 billion yuan for liquidation, and the actual subsidy funds that should be liquidated after verification were 9.58 billion yuan

it can be seen that in 2016, compared with 2015 and previous years, the number of new energy vehicle promotion and liquidation funds declared by enterprises doubled, and the approval rate also increased significantly

from a regional perspective, the subsidies in the publicity are mainly concentrated in Ningbo, Beijing, Shenzhen, Jiangsu and other regions with good new energy development. This is also closely related to enterprises with relatively rapid development of new energy in various regions. According to Cui Dongshu's statistics, in 2016 and previous years of the "publicity", the top three enterprises with the largest number of vehicle models after approval were Geely, BAIC motor and Chery. The top three enterprises that received the most liquidation subsidies were BYD, Geely and BAIC Foton, with subsidies of about 2.37 billion yuan, 1.11 billion yuan and 600million yuan. Among them, BYD's liquidation subsidies account for nearly 1/5 of the total

at the same time, the passing rate of vehicle type declaration is also relatively high. According to the statistics of economic observer, in 2015 and previous years, a total of 41 automobile enterprises participated in the declaration of vehicle subsidy liquidation, and nearly 70% of the enterprises declared the passing rate of vehicle models was 100%, including SAIC, Dongfeng Co., Ltd., GAC passenger cars, BYD, etc. The lowest passing rate is Anhui Jianghuai Automobile, Fujian xinlongma automobile and AVIC AVIC automobile, and the three enterprises' declaration passing rate is 0. The reasons for the failure include: the total capacity of the battery pack is inconsistent with the announced parameters, the time of the vehicle license does not meet the requirements of the liquidation time, the repeated declaration of the cleared models in 2015, and so on. On the whole, the approval rate was 93.8%

the passing rate in 2016 was higher than that before. In 2016, a total of 93 auto enterprises declared, and the passing rate of more than 90% of the declared models was 100%, including Beijing Foton, Geely, BYD, Chery, JAC, etc. Among them, BYD Changsha branch, BMW Brilliance and Jiangsu land ark have the lowest passing rate, hovering around 10%. The factors affecting the subsidy payment include: the total energy of the battery is inconsistent with the filing parameters, the battery manufacturer is inconsistent with the filing parameters, the VIN code is repeated, and so on. On the whole, the approval rate is as high as about 98.5%

Cui Dongshu said that the liquidation of subsidies is a good burden reduction for enterprises, which is conducive to improving the capital chain and faster development. However, with the sharp decline of subsidies year by year and the tightening of audit, such a high pass rate of subsidy application will be difficult to continue thereafter

the reasons for the reduction are diverse

similar to the publicity issued by the Ministry of industry and information technology in the previous five times, the inconsistency of information in the content of the publicity is still the first major factor restricting the payment of subsidies. According to the statistics of Cui Dongshu, 77% of the 2970 vehicle models reduced were due to inconsistent information. Including the inconsistency between the battery unit model, battery manufacturer, battery pack manufacturer, battery capacity and the announcement, and the inconsistency between the driving motor manufacturer and the filing parameters, etc. In addition, there are still car companies to declare vehicles whose cumulative mileage of non party and government organs is less than 20000 kilometers and whose models are not listed in the recommended directory. For example, the 270 steel structure more reasonable models of Chang'an automobile that have been reduced are not listed in the recommended directory because of their models

however, compared with previous publicity, the factors affecting the payment of subsidies in this publicity have become diversified. Due to the repeated declaration of the cleared vehicles in 2015, a total of 215 models of Jiangsu Jiulong automobile, Jiangsu AoXin new energy, JAC automobile, Nanjing Jinlong bus and Jiangnan Automobile were reduced. Due to the repeated VIN code (vehicle identification code, i.e. vehicle ID card), a total of 33 models of brilliance BMW and SAIC Maxus were reduced. As the vehicle license time did not meet the requirements of the liquidation time, 227 models of JAC were reduced

it is worth noting that Chongqing Lifan Passenger Car Co., Ltd. gave up the declaration of 8 pure electric cars (Letu) with a total of 252000 yuan in the list of model subsidy liquidation in 2015 and previous years

in addition, the models declared by some car enterprises are not in line with the actual year of operation reported by the local government because they are idle. Although they have not been reduced, the subsidy amount is calculated according to the subsidy standard of the actual year of operation. This situation is common in the liquidation list of 2015 and previous years. For example, although some models such as SAIC, Geely, BYD and Chery were sold in 2015, their actual operation years were 2016, 2017 or 2018. Therefore, although enterprises included these vehicles in the scope of application in 2015, the Ministry of industry and information technology only allowed them to apply for the subsidy amount according to the subsidy standard of the actual operation year, and the subsidy intensity was obviously lower year by year

according to the subsidy policies issued by the state over the years, the subsidy in 2014 decreased by 5% on the basis of the 2013 standard, and in 2015 decreased by 10% on the basis of the 2013 standard. After the fraud and subsidy policy adjustment in 2016, the subsidy in 2017 was reduced by 20% on the basis of 2016. In 2018, the subsidy was adjusted hierarchically according to the driving range, with a reduction ratio of more than 20%, but increased for those with a distance of 300km and more than 400km. Judging from the scale of the announcement, in 2016 and previous years, the approval rate of special vehicles was the lowest, followed by passenger cars and passenger cars in a narrow sense

although the subsidy policy in 2019 has not yet been implemented, everyone seems to believe in the news that the subsidy is about to decline by more than 40%. According to media statistics, up to now, the cumulative liquidation or distribution of central subsidies for new energy vehicles is about 95.84 billion yuan. Among them, the subsidies in 2015 and before totaled 36.435 billion yuan, and the subsidies in 2016 totaled about 50.321 billion yuan. At present, the subsidies in 2017 counted in two batches were 9.084 billion yuan (not yet fully counted). An industry perspective predicts that the national subsidy for new energy vehicles is expected to exceed 200billion yuan before the subsidy completely declines

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