On September 4, at the 2011 China Automotive Industry Development International Forum, the Director of the Department of Construction of the Ministry of Finance told Di Hai that the core change of the new subsidy policy was to increase the subsidy threshold and require 100 kilometers of models that were financially subsidized. The average fuel consumption dropped from the current 6.9 liters to 6.3 liters, and the standard of subsidizing 3,000 yuan for bicycles has not changed. It is reported that this move, the majority of the market to enjoy energy-saving subsidies, nearly 70% of the original "energy-saving vehicles" will no longer enjoy the benefits of the policy, especially the independent brand will be a positive impact of the New Deal. However, some experts pointed out that this news will cause the September 4S store to intensify the inventory of vehicles, and the “Golden 9” car tide will come earlier.

Fuel consumption limit is increased by 10%

According to reports, according to the Ministry of Finance's previous input standards, the energy subsidies for energy-saving products (1.6-liter passenger cars and below) began in June of last year and the first batch of special funds reached 12 billion yuan. The pre-subsidy policy plan was implemented until September 30 this year. Starting from October 1 on the implementation of a new energy-saving vehicle subsidy policy will raise the threshold.

Said to Di Hai that this policy will significantly increase the market share of energy-saving vehicles and the active development of the auto market structure. The number of passenger cars with 1.6 liters and below will increase from 101 before promotion to more than 400 at present.

As of May this year, the production capacity of energy-saving vehicles reached more than 300,000 units in a single month, accounting for more than half of the passenger vehicles with 1.6 liters or less. According to calculations, the 2.51 million energy-saving vehicles that currently support the promotion have directly stimulated consumption. This policy has also effectively promoted the scale-up and industrialization of energy-saving vehicles, driven the decline in the value of Finished products and sales, and the rapid expansion of the energy-saving automobile consumer market in China, and at the same time promoted the improvement of automobile fuel consumption standards. Through the promotion in the past year, the ratio of the 1.6-liter or lower passenger vehicle to reach the third-phase fuel consumption target value in advance has exceeded 50%.

The independent brands have been affected more. Luo Lei, deputy secretary-general of the China Automobile Dealers Association, said: "The difference between 6.9 liters and 6.3 liters is not only the difference in numbers, but there should be a huge difference in content and technology. The models have reached the standard of 6.9, if you implement the 6.3 emission standards, I believe that many cars will be blocked outside the threshold.There are two results: First, the market share of independent brands may be affected in the short term However, independent brands have been tested in the market like this, and it is believed that they will devote efforts to independent research and development and improve their independent innovation capabilities."

Great Wall News Director Shang Yugui stated that the new subsidy policy can force the automaker’s technology upgrade. However, it is very difficult to reduce the fuel consumption by 10% with a naturally aspirated engine. Most self-owned models are equipped with naturally aspirated engines. Geely Automobile related sources told reporters that the original Geely only part of the models can enjoy subsidies, the threshold will increase, will make the range of models to enjoy preferential policies to further reduce.

Raising the fuel consumption standards for bicycles has caused domestic independent brand auto companies to feel a lot of pressure. Lifan Automobile Vice President Guan Fengjin admitted in an interview with reporters that the new subsidy policy can force automakers to upgrade their own brand technology, but relying on naturally aspirated engines to achieve 10% reduction in fuel consumption is very difficult, and most of the self-owned brand models equipped with natural Aspirating engines, in addition to BYD, other independent brand car companies basically do not have the ability to produce turbocharged, direct-injection engines. "We are doing turbo-charged, direct-injection cylinders, but it will take two to three years before we can mass-produce them." Guan Fengjin expressed his frustration.

According to the reporter’s interview with the 4S store, it is understood that the current models are subject to the positive impact of the New Deal, and most of the independent brands, including Lifan, will not be able to enter the scope of the state’s incentive subsidies.