Wang Chuanfu, chairman of China Electric Vehicle Giant BYD, and Stefan Mecha, CEO of Volkswagen Passenger Vehicle Brands, called for the government to consider extending the tax -free purchase tax policy for new energy vehicles.
According to Caixin.com, Meng Xia said at the China Electric Vehicle Hundred Talents Forum held on Saturday (April 1) that for Volkswagen Group's Chinese business and even the overall automotive industry in China, moreMore policy support will be of great benefit to the development of the entire industry.He suggested that the relevant departments extended the tax exemption period for new energy vehicles to extend the tax period to 2023, and formulated a relatively stable policy framework.
Wang Chuanfu further suggested that the government extended the purchase tax reduction policy to 2025, and called on the policy to introduce quickly and stabilize the expectations.
He believes that the current economic environment is in a difficult period of complex and changeable, and many overseas countries are increasing financial and tax support for new energy vehicles.In addition, the development cycle of new energy vehicles is relatively long. From product development, design to cost management, companies need to make long -term arrangements.Internal and external factors have shown that extended purchase tax exemption has its necessity.
China New Energy Vehicle Purchase Subsidies are formally withdrawn from the historical stage at the end of 2022, and new energy vehicle exemption tax policies continue to be implemented.The Chinese Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology issued an announcement in September 2022 saying that the purchase date from January 1, 2023 to December 31, 2023 is exempt from vehicle purchase tax.
The purchase tax of Chinese vehicle is uniformly levied at 10%of the tax price of the vehicle.In order to encourage new energy vehicle consumption, new energy vehicles have been exempt from purchase tax, and the policy is issued once a year.If the tax price of a new energy vehicle is 200,000 yuan (RMB, the same below, about 40,000 yuan), the tax -free vehicle purchase tax will be 20,000 yuan.
The current demand for China's automobile industry has slowed and competitive, and market entities are facing great pressure.According to data released by the National Passenger Vehicle Market Information Association (referred to as the Passenger Federation), the automobile industry revenue was 1284.7 billion yuan in the first two months of 2023, a decrease of 6%year -on -year;5%; the cumulative profit was 41.4 billion yuan, a decrease of 42%year -on -year, the profit margin of the automotive industry was 3.2%, the average profit margin of the entire industrial industry was 4.6%, and the automotive industry was still low.
According to statistics from the Federation of Federation, from January 1st to March 26th, 2023, the cumulative retail volume of Chinese passenger cars was 3.7 million units, a decrease of 15%year -on -year;The retail volume was 11.57 million, a year -on -year increase of 18%.
