·Shanghai New Energy Vehicle Local Subsidy has not implemented the mechanism of declining

Buying pure electric passenger cars or plug-in hybrid passenger cars (including extended programs) in Shanghai, in addition to the central financial subsidies, can also enjoy the Shanghai financial subsidies of 40,000 yuan or 30,000 yuan per vehicle. Shanghai officially announced this information on the “Provisional Measures for Shanghai to Encourage the Purchase and Use of New Energy Vehicles”, which indicates that there is no downgrade mechanism for local new energy vehicle subsidies in Shanghai.
On September 16, last year, the Ministry of Industry and Information Technology and other four ministries jointly issued the "Notice on Continued Promotion and Application of New Energy Vehicles", showing that in 2013, the state can subsidize up to 60,000 yuan per vehicle for pure electric passenger cars, but in 2014 In 2015 and 2015, the subsidy quota will be reduced to 90% and 80% of the 2013 standard, respectively.
The "Provisional Measures for Shanghai to Encourage the Purchase and Use of New Energy Vehicles" announced yesterday will be limited to December 31, 2015. This means that Shanghai's local new energy vehicle subsidies have not been implemented.
It is understood that the Shanghai subsidy must be included in the new energy vehicle demonstration application list of Shanghai new energy vehicles, listed companies including SAIC, BYD, Jianghuai, Chongqing Lifan and other models have entered the list.
In addition to the financial subsidies for Shanghai, which is 40,000 yuan or 30,000 yuan per vehicle for pure electric passenger cars or plug-in hybrid passenger vehicles (including extended programs), there is also a one-time purchase of new energy for direct or organized employees. A legal entity with more than 10 vehicles will be given a financial subsidy of 2,000 yuan per vehicle; for automobile manufacturers, a subsidy of 1,000 yuan will be given for each new energy vehicle battery, and a new energy vehicle for non-operation will be purchased. Free subsidies such as special license quotas.
Minsheng Securities believes that before 2015, the domestic electric vehicle market mainly relied on policies, mainly in the fields of public transportation and official services. With the decline of battery prices and the increase of energy density, domestic electric vehicles are expected to go to market after two to three years. Will, will take the cost-effective route.

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