Industry hot discussion for new energy vehicles exemption tax exemption: stable expectations to effectively boost the industrial chain

21st Century Business Herald reporter Yangping Shenzhen Report

On September 26, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology issued the "Announcement on Continuing New Energy Vehicle Removal Vehicle Purchase Tax Policy" (hereinafter referred to as the "Announcement"), continuing to exempt the purchase tax policy for new energy vehicles, and the purchase date of the purchase date New energy vehicles from January 1, 2023 to December 31, 2023 are exempt from vehicle purchase tax.

The policy further stabilizes market expectations, promotes automobile consumption, and has received widespread attention from the industry.

The next day after the "Announcement" was released, the new energy vehicle index rose 1.49%on September 27. The stock price of companies such as Ningde Times, BYD and other companies opened up in the morning, and as of the closing, it was also in a state of popularity.

The relevant person in charge of BYD interviewed pointed out: "From the perspective of global perspective, European and American countries are increasing support for new energy vehicles and taxation. Increase car consumption and stabilize the economic market; guide green travel and promote dual carbon targets, which is of great significance. "

New energy vehicle exemption purchase tax extension extension

According to the "Announcement", in order to support the development of the new energy vehicle industry and promote automobile consumption, the three departments will continue to announce the relevant matters of new energy vehicle exemption vehicle purchase tax policies. The content includes:

I. New energy vehicles from January 1, 2023 to December 31, 2023, from the purchase date, exempt vehicle purchase tax.

2. New energy vehicles exempt from vehicle purchase tax shall be implemented through the "Catalog of New Energy Vehicle Models for Vehicle Purchase Tax" (hereinafter referred to as "Catalog") through the Ministry of Industry and Information Technology and the State Administration of Taxation. Purchased from the date of the "Catalog", a pure electric vehicle, plug -in hybrid (including extension) cars and fuel cell vehicles included in the "Catalog", which belongs to new energy vehicles that meet the tax -free conditions.

3. The purchase date shall be determined in accordance with the date of issuance of valid vouchers such as a unified invoice or customs tariff payment for motor vehicle sales.

The news has played a great role in boosting the development of the new energy industry chain. Ma Jun, the chief analyst of the Yangtze Securities Electric New Industry, pointed out to the 21st Century Business Herald: "Policies have clearly explicitly levied the purchase tax of new energy vehicle vehicles in 2023, which means that the support of the policy for the new energy industry next year will remain maintained Stability, the new energy vehicle industry has developed very well in the past two years, the supply of product supply has been increasing, the market penetration rate has continued to increase, and the stable policy is expected to help the industry continue to maintain a relatively good growth next year. "

The relevant person in charge of the leading intelligence also pointed out that the exemption of the purchase tax of new energy vehicles reflects the country's strong support for the development of the new energy industry. As a new energy industry that has entered the market -driven stage, the purchase tax of new energy vehicles continues to exempt, which can reduce the impact of short -term cost increases on demand and conducive to the long -term development of the industry.

The relevant person in charge of Yimei Energy also said: "The measure shows that the state intends to drive the growth of supply by stimulating consumption and drive the development of the industry through demand expansion. Therefore, the overall new energy vehicle industry is expected to continue to maintain a rapid growth trend and continue to increase the penetration rate. "

Cui Yan, the chief analyst of Huaxi Securities and Automobile Industry, also believes: "The tax -free new energy vehicle purchase tax policy scheduled at the end of this year is postponed to the end of next year. In the context of new energy subsidies next year, it is exempted. The continuation of the purchase tax is expected to fluctuate before and after the slopes, driving the steady growth of sales. "

At the same time, Cui Yan further stated that my country's passenger car market has entered a high -speed development period since 2010. As the huge stock has entered the scrap period one after another, the demand for replacement is expected to improve steadily. Scrap replacement has a great attraction. "With the strong support of the policy, the new energy growth space is broad in long -term growth."

The long -term prosperity of the industrial chain is good

In recent years, under the common drive of macro policies and market demand, the new energy vehicle industry has entered a high prosperity cycle.

According to the data of the China Automobile Association, from January to August this year, the cumulative wholesale sales of new energy passenger cars reached 3.68 million vehicles, corresponding to the new energy penetration rate exceeded 25%. Compared with the same period last year, 13PCT was increased. It has reached 30%, which has increased by 10PCT compared with the same period last year, and many high -quality companies have emerged, becoming the focus of investors' attention.

In fact, the current new energy vehicle market will still maintain a high growth state, and many market participants are quite optimistic about this field.

Ma Jun said that the overall valuation of the new energy vehicle sector is in a relatively low position in the past few years, and the risk of continuing downward is small. Some segmented links such as new technology of lithium batteries have the opportunity to return.

Cui Yan believes that independent brands have accelerated their growth under the wave of new energy, and pure electric/plug -in hybrid products have been accelerated, driving the rapid increase in the market share of the new energy vehicle. The market share of independent brands from January to August this year has increased to 48%, an increase of 8PCT compared to the same period in 2021. Under the dual blessing of product power and policy support, it is optimistic about the accelerated rise of independent brands.

The person in charge of BYD also pointed out: "New Energy Bus stands at the air outlet, ushering in unprecedented development opportunities, is injecting new kinetic energy into the macroeconomic, developing the new energy vehicle industry, and the goal of ensuring national energy safety, realizing the" dual carbon 'goals and promotion Industrial transformation is of great significance. "

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