NO.1 [New energy vehicle tax exemption threshold increased] On December 11, the Ministry of Industry and Information Technology and other departments announced that they would increase the conditions for new energy vehicle purchase tax exemption to promote technological progress. Starting from 2024, pure electric passenger vehicles must meet improved standards for high speed, range, and energy density, including: a maximum speed of more than 100km/h within 30 minutes, a driving range of at least 200km, and a power battery system energy density of 125Wh. /kg etc. For models with excellent low-temperature mileage retention performance, the requirements are relaxed. The new regulations have a significant impact on A00-class mini-cars.
NO.2 [101,000 public charging piles were added across the country in November] On December 11, the China Charging Alliance released the operation status of the national electric vehicle charging and swapping infrastructure in November. There will be 101,000 more public charging piles in November 2023 than in October, a year-on-year increase of 51.7%. As of November 2023, member units within the alliance have reported a total of 2.626 million public charging piles, including 1.1408 million DC charging piles and 1.477 million AC charging piles. From December 2022 to November 2023, an average of approximately 75,000 new public charging piles will be added each month.
NO.3 [Shenzhen releases “Sandbox Supervision” Plan for Intelligent Connected Vehicles] On December 15, the Shenzhen Municipal Bureau of Market Regulation released an implementation plan for organizing and promoting the “Sandbox Supervision” work for the quality and safety of intelligent connected vehicle-related products. It will establish an intelligent List of companies that produce, sell, and use connected auto parts products and related Internet technology, data services, network operations, software and system supply, etc. Based on the principle of voluntary participation, companies are encouraged to apply voluntarily and establish a "sandbox supervision" object database. Guide enterprises to apply for "sandbox supervision" and establish working mechanisms for quality and safety risk research and assessment, testing and emergency response.
NO.4 [Domestic car rental orders hit a new record this year] In 2023, with the recovery of tourism demand, China’s car rental market will grow rapidly. According to the "2023 Car Rental Self-Driving Travel Report" released by Fliggy, domestic car rental orders increased by 167% year-on-year, an increase of more than 10 times compared with 2019. The consumer groups tend to be younger, with the "post-90s" and "post-00s" becoming the main force, especially the "post-00s" growing rapidly. There are various ways to rent a car and travel by car, per capita consumption has increased by about 50%, and orders for domestically produced cars have increased significantly. Demand for new energy and hybrid vehicles is also rising.