The Chinese government has shown significant concern for the development of new energy vehicles, and this year's focus has only intensified. According to statistics, in 2017 alone, over 30 policies were issued related to the new energy vehicle sector. The Ministry of Industry and Information Technology provided detailed interpretations of the double-point policy, which aims to promote the coordinated development of energy-efficient and new energy vehicles.
From January to October 2017, a total of 32 new energy-related policies were introduced, including five draft versions open for public comments. These policies covered a wide range of areas such as macroeconomic strategies, subsidies, infrastructure, safety management, technological research, and intelligent networking. Each policy aimed to support the sustainable growth of the industry and ensure long-term stability.
Among the ministries, the Ministry of Industry and Information Technology was the most active, issuing 10 policies (two of which were drafts), while the National Development and Reform Commission introduced 10 projects. Other departments, including the Ministry of Science and Technology, the Ministry of Communications, the State Council, the Ministry of Commerce, and the Energy Bureau, also contributed relevant regulations.
One of the most significant policies in 2017 was the "Parallel Management Method for Average Fuel Consumption and New Energy Vehicle Points for Passenger Vehicle Enterprises." This policy is expected to reshape the future landscape of China’s automotive industry, pushing both traditional and electric vehicles into an era of integration. It marks a turning point, signaling a shift toward a more sustainable and technologically advanced automotive sector.
Fu Yuwu, chairman of the China Automotive Engineering Society, highlighted that the key objectives behind the double-point policy include energy conservation, emission reduction, addressing environmental challenges, and reducing traffic congestion. This policy not only sets the direction for the industry but also presents challenges for both domestic and international automakers.
The Ministry of Industry and Information Technology emphasized that the implementation of the double-point policy will drive the adoption of energy-saving technologies, increase fuel efficiency, and accelerate the deployment of new energy vehicles. By 2020, it is projected that the industry will accumulate 3.8 million new energy passenger vehicles, with the overall target of reaching 5 million new energy vehicles. This initiative will also help reduce CO₂ emissions by 60 million tons during the 2018–2020 period.
The "Regulations on the Administration of New Energy Vehicle Manufacturers and Products" raised entry barriers and strengthened safety requirements, focusing on design capabilities, production capacity, product consistency, after-sales service, and safety guarantees. Violations, such as submitting false information, can lead to severe penalties, including a one-year ban from applying for access or even a three-year exclusion if fraud is involved.
The Medium- and Long-Term Development Plan for the Automobile Industry outlined clear goals and strategies for the next decade, emphasizing innovation, transformation, and the development of a new industrial ecosystem. It aims to position China as a global automotive leader and promote cross-border integration through new energy and smart vehicle technologies.
In terms of specific targets, by 2020, annual sales and production of new energy vehicles are expected to reach 2 million units, with power battery energy density reaching at least 300 Wh/kg. By 2025, new energy vehicles should account for over 20% of total production and sales, with battery systems achieving a specific energy of 350 Wh/kg.
The "Measures for the Administration and Approval of Enterprise Investment Projects" revised previous regulations, simplifying the approval process and introducing record management. New electric vehicle manufacturers must follow these guidelines, and only a few companies have successfully obtained the necessary qualifications.
The "Foreign Investment Industry Guidance Catalogue (Revised in 2017)" lifted restrictions on pure electric vehicle joint ventures and removed equity limits for electric components and batteries. This change opened the door for foreign automakers like Volkswagen to expand their presence in China, particularly in the new energy vehicle sector.
Additionally, the introduction of the "Guiding Opinions on Promoting the Healthy Development of Small and Micro-Bus Rentals" recognized the growing importance of time-sharing leasing services. This policy is seen as a positive step for the industry, encouraging growth and ensuring a stable regulatory environment.
Finally, the tax exemption for new energy vehicles was set to expire at the end of 2017, but there was a strong likelihood of continued preferential policies in 2018. However, these benefits may come with higher technical standards to ensure quality and sustainability.
Overall, the 32 new energy vehicle policies in 2017 reflect a comprehensive and strategic approach to shaping the future of the automotive industry in China.
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