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For some time now, China’s new energy vehicles have received intensive support for a new round of policies. As the favorable policies for China's new energy vehicles become clearer, car companies have accelerated the introduction of new energy vehicles to seize the market. China Association of Automobile Manufacturers predicts that the production and sales of new energy vehicles in China this year is expected to exceed 50,000 vehicles.
According to the introduction of new energy vehicle promotion and application demonstration cities (groups) new energy vehicle promotion and supporting policies announced by the Ministry of Industry and Information Technology of China recently, from January 2013 to the end of September 2014, 39 popularization and application cities (clusters) have cumulatively promoted new energy sources. Only 38,600 vehicles were used, and only about one-tenth of the planned target volume was completed. According to the plan target, 39 cities (groups) that promote and apply new energy vehicles from 2013 to 2015 will cumulatively promote 336,000 new energy vehicles. From this number, the future of China's new energy vehicle market remains enormous.
At the beginning of this year, the ministries and commissions of the National Development and Reform Commission and the Ministry of Industry and Information Technology of the People's Republic of China have started to study the conditions for granting qualifications for the production of non-automobile electric vehicles and have tried to cultivate companies like Tesla in China.
After repeated brewing, the National Development and Reform Commission of the People's Republic of China has officially issued a draft for the approval of conditions for the production of new energy vehicles, and has made relevant provisions for investment projects and production access conditions for newly-built pure electric passenger vehicles. The request for consultation draft requires that newly-invested project applicants must have at least 3 years of research and development base for pure electric passenger cars, master core technologies such as vehicle control systems, power batteries, and light weight, and have the ability to build trial vehicles. Not less than 15 vehicles. After the project is approved, the newly-built enterprise must complete the project construction according to the approved content and progress, and apply for the production access permission according to the stipulated procedures.
Industry experts said that this move shows that China's new energy vehicle production qualification is expected to be further relaxed, and that more non-automotive manufacturers will enter the electric vehicle industry in the future, which will accelerate the development of the industry.
As one of the most frequent new energy automobile policies in China, the policy support measures introduced in 2014 were unprecedented, the Implementation Plan for the Purchase of New Energy Vehicles by Government Agencies and Public Institutions, and the Guiding Opinions on Accelerating the Popularization and Application of New Energy Vehicles, and The "Notice on Issues Concerning the Pricing Policy on Electricity for Electric Vehicles" and "Announcement on Acquisition Taxes for Exemptions from New Energy Vehicles" are particularly noticeable.
In particular, the recent introduction of incentives for charging facilities for new energy vehicles, cancellation of local subsidy vehicle models, and lithium battery subsidies have also been introduced. The Ministry of Finance and other four ministries jointly issued a notice on November 25. They plan to allocate funds to award incentives for new energy vehicle deployment cities or city groups to build charging facilities, and encourage public-private partnerships to build and operate charging facilities. In 2015, the maximum award for individual city groups can be Up to 120 million yuan.
According to the China Association of Automobile Manufacturers, since the beginning of this year, driven by policies and rising seasonal demand, the production and sales volume of China's new energy vehicles have shown a substantial increase. In September this year, it sold more than 9,000 vehicles, close to 10,000 units. In the first three quarters, the production and sales of new energy vehicles in China increased by 2.9 times and 2.8 times over the same period of the previous year.
Despite the rapid growth, China’s new energy vehicles currently have only tens of thousands of sales. The industry believes that the new policies for new energy vehicles regulate the competition in the relevant markets, help promote consumption, and point the way to the rapid development of China's new energy automotive industry.
The analysis pointed out that the heat of new energy vehicles may continue in the next few years. According to the previous plan, by 2015 China's new energy vehicle production and sales are expected to target 500,000 vehicles, and rapid sales growth will remain the key to the next phase.