The highly anticipated "Measures for the concurrent management of the average fuel consumption of passenger vehicles and new energy vehicle integration points" (hereinafter referred to as "dual credit") was formally implemented on April 1, 2018, which has a great impact on the development of the entire automotive industry. On April 10, the Ministry of Industry and Information Technology publicized the “2017 average fuel consumption of passenger vehicles and new energy vehicle integrationâ€. A total of 99 domestic passenger car enterprises produced 21.73 million passenger cars, of which, 60 car companies generated 11.47 million points in fuel consumption, 39 car companies produced 1.49 million points in negative fuel consumption, and another 2 Car prices did not produce fuel consumption.
According to the 2017 points situation, 55 domestic car companies generated a total of 1.69 million points of new energy vehicles. Among them, BYD has the most new energy auto points, which is 297,000 points, accounting for 17.6%, and BAIC New Energy 218,000 points. SAIC and Geely Automobile's new energy vehicle points exceed 100,000 points. The number of new energy vehicles for 44 auto companies such as Baowo Auto, Beijing Benz, Beijing Automotive, Daqing Volvo, Dongfeng Honda, Dongfeng Renault, Dongfeng Motor, Fujian Mercedes-Benz, Xinmalong Automobile and Zhongtai Automobile was zero.
29 imported car companies generated a total of 106,000 new energy car points. Among them, Tesla had the largest number of new energy vehicles, reaching 85,000 points, accounting for 80% of the total; BMW China (imports) 8,000 points; Jaguar Land Rover, Volkswagen imports, and Porsche completed 5000 points, 4,000 points, and 2000 points respectively.
In terms of negative points in fuel consumption, Changan Ford was -29 million. It has surpassed the Great Wall as the first major fuel consumer, Great Wall Motor ranks second with -16 million points, Dongfeng Limited with -15 million points, followed by Sichuan FAW Toyota and GAC Fick. The fourth and fifth positions of the negative fuel consumption scores are all about minus 140,000.
Although according to the double-credit policy, the time for points to formally enter the assessment is 2019, but many key details of the double-credit system are imminent. According to the policy, the proportion of new energy points in 2018, 2019, and 2020 will be 8%, 10%, and 12%, respectively.
In this regard, Cui Dongshu, secretary-general of the National Passenger Vehicles Association, believes that the hot SUVs and large-scaled or “final madness†in recent years. The double-integration policy is to achieve the dual purpose of reducing the fuel consumption of traditional fuel vehicles and developing new energy vehicles. At the current stage, the subsidy for new energy vehicles at the policy level will also decrease year by year. This will help industry companies pay attention to and pay attention to the reduction of fuel consumption of traditional fuel vehicles and the development of new energy vehicles. "These two aspects are indispensable and at the same time they are the reason why the country adopts parallel management."
The industry believes that with the deepening of the double-integration policy and the rapid increase in fuel consumption standards, the completion of fuel consumption points and the transaction of new energy vehicle points will become a hot spot in the industry. It is reported that the Ministry of Industry and Information Technology has already planned to build a point trading platform to allow positive and negative points to be traded through the market, in this way to allow car companies to meet compliance requirements. Yan Jinghui, an adviser to the National Association of Automobile Dealers Auto Dealers Branch, said that if the points have transaction value, it also indicates that the car companies that have failed to meet the standard will spend hundreds of millions to solve the problem of negative points.
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