New energy subsidies have not been affected by the Sino-US negotiations

Recently, the second batch of recommended catalogues for new energy vehicles was released, releasing a major message: Alternative energy vehicle subsidies will not be affected by Sino-US trade negotiations in 2019, which is undoubtedly a major benefit for domestic new energy vehicle manufacturers. Experts point out that new energy subsidy policies will be introduced later in 2019 than last year, media communication and the Sino-US negotiation process are anxious, resulting in new energy manufacturers' worries and production arrangements at a loss. The 2019 new energy subsidy policy is long overdue and is rumored to have been affected by trade negotiations between China and the United States. Some media believe that the Spring Festival has passed, the industry anxiously awaited 2019 new energy subsidy policy is still delayed, in the industry view, this is a bit "unreasonable." Media analysts say the delay in subsidy policy, apart from making it harder to define policy measures because 2019 is the last recession before subsidies end, is another important reason for delays in the release of the ongoing "China-US trade negotiations" or new energy steam subsidy policy. Media reports have fueled industry suspicions that some new-energy automakers have been slow to arrange production. A responsible person of a Chinese brand told Car Selection.com: "Most of the electric cars on the market are now consuming last year's inventories, Unaware of the downhill proportions of the new subsidy policy, Therefore, the production and sales of electric vehicles in some enterprises have slowed down. The reason is that the electric vehicle products of local automobile enterprises are heavily dependent on subsidies, and many enterprises are losing money on selling pure electric vehicles. If the annual decline of 20% promised by the relevant departments in previous years is followed, everyone will be psychologically prepared. E.g. If 50% of the decline, or even rumors of new energy subsidies will be cut off after trade negotiations, this will lead to a lot of companies into trouble, so wait-and-see attitude of more enterprises. The second batch of catalogues was released to reassure local new-energy automakers. On March 8, the Ministry of Industry and Information Technology released the Notice on Road Motor Vehicle Manufacturers and Products on the official website. At the same time, the "Catalogue of Recommended Models for the Promotion and Application of New Energy Vehicles (Batch 2, 2019)" was published in this batch of announcements. It includes 84 models of 37 enterprises, including 83 models of pure electric products of 36 enterprises and 1 model of plug-in hybrid products of 1 enterprise. Experts believe that the second batch of recommended catalogues for new energy vehicles has been delayed and the industry has speculated that they may have been affected by the Sino-US trade negotiations. Now that the second batch of catalogues have been released, it means that new energy vehicles will still be subsidized in 2019, and the exact extent of the decline will need to be specified in the policy.