From the second half of 2017, national subsidies for new energy vehicles began to be issued in 2016. Up to now, there have been seven car companies that have received 2016 national subsidies, namely: JAC, Foton, Yutong Bus, Jinlong Automobile, Zhongtong Bus, Ankai Bus and Yaxing Bus. With regard to the conditions for obtaining subsidies, the subsidies for new energy vehicles in 2016 increased the requirements for operating mileage of 30,000 kilometers, which has a great impact on many commercial vehicle manufacturers. Xiao Bian made a summary of each of them according to the timing of receiving the subsidies.

Yutong Bus: The first to receive 681 million yuan

Yutong Bus was the first passenger car company to receive 2016 national supplement. On June 30, Yutong Bus announced that it was announced. The announcement recently received from the Zhengzhou Municipal Bureau of Finance transferred the company to collect the first batch of promotion subsidies for the national new energy vehicles in 2016 amounting to RMB 680.93 million.

2016新能源汽车国家补贴

In 2016, Yutong Bus sold 26,862 new energy buses, which accounted for 22.8% of domestic new energy bus sales. The subsidized new energy bus is 2,087 vehicles, accounting for 7.77% of the total number of new energy buses sold in 2016.

Zhongtong Bus: Get 715 million yuan in subsidies

On July 17, Zhongtong Bus received the first batch of promotion subsidies paid by the Liaocheng Finance Bureau for 2016 national new energy vehicles, totaling 7.1575 million yuan. The 2157 new energy vehicles produced by Zhongtong Bus in 2016 will receive subsidies, accounting for 15.3% of the new energy buses produced by the Zhongtong Bus in 2016.

2016新能源汽车国家补贴

JAC: 14,368 new energy vehicles received 670 million yuan in subsidies

On July 21, 2017, Jianghuai Automobile issued an announcement regarding the receipt of subsidies for the promotion of national new energy vehicles in 2016. The announcement pointed out that on July 20, 2017, the company received a financial transfer from Hefei City to pay for 2016 national new energy vehicle application promotion. The subsidy liquidation funds were 671.38 million yuan.

JAC's purely electric passenger vehicles with new energy vehicles mainly for individual users are not subject to 30,000-kilometer operating mileage restrictions. The number of newly-subsidized new energy vehicles that successfully won 2016 was 14,368, accounting for the entire year of 2016. 78% of sales.

Ankai Bus: 120 million yuan for new energy vehicles

On July 22, Ankai Bus announced that the company recently received the first batch of promotion subsidies for national new energy vehicles in 2016 from Hefei's financial transfer, totaling 123.66 million yuan. Ankai Bus sold 4,950 new-energy buses in 2016, and 370 vehicles received 2016 subsidies, accounting for 7.5% of the total.

2016新能源汽车国家补贴

Jinlong Automobile: The size of Jinlong received 129 million yuan in 2016 for new energy vehicles

On July 25, Jinlong Automobile announced that the company’s holding subsidiaries Xiamen Jinlong United Automotive Industry Co., Ltd. and Xiamen Jinlong Wagon Co., Ltd. had recently received the first batch of new energy vehicles 2016 transfer paid by Xiamen Finance Bureau. The subsidy amounted to 65.42 million yuan and 63.3 million yuan, accumulating 128.72 million yuan.

2016新能源汽车国家补贴

Due to Suzhou Jinlong’s fraudulent incident in 2016, none of the buses received the first batch of new energy vehicle application subsidies in 2016, which resulted in a significant reduction in the subsidies for new energy vehicles of Jinlong Motor in 2016, only 434 units of Xiamen Jinlong and Xiamen Golden Brigade. The subsidies for new energy vehicles accounted for approximately 4.8% of the sales of new energy buses by the two companies in 2016.

Yaxing Bus: Received Two New Energy Vehicle Subsidies of RMB 116 Million

On July 27, Yaxing Bus received the first batch of subsidies of RMB 65.13 million for the promotion and application of new energy vehicles in 2016. Yaxing Bus has 260 vehicles that received the first batch of subsidies for new energy vehicles in 2016.

2016新能源汽车国家补贴

In addition, Yaxing Bus also received the fourth batch of subsidies for 48.25 million yuan for the promotion and application of new energy vehicles in 2015.

Foton Motor: Received two subsidies of approximately RMB 524 million

Recently, Foton Motor responded to investors' questions on the Shanghai Securities Interactive Platform and said that it has received two new energy subsidies in 2016, totaling about 524 million yuan. In 2016, Foton sold a total of 6,754 new energy vehicles and ranked No. 5 among domestic passenger car companies.

2016新能源汽车国家补贴

Summary: 30,000 kilometers is a hard indicator. It is not easy to get a new energy subsidy

After reading the 2016 New Energy Vehicle Promotion Application Subsidy Fund Clearing and Auditing Vehicle Information Form on the website of the Ministry of Industry and Information Technology, the above seven companies were able to take the lead in obtaining the first batch of new energy vehicle subsidies in 2016 because these seven companies applied for 2016 new energy sources. The adoption rate of auto subsidies is high, and almost all of the subsidy vehicles approved by the expert group have passed.

Many car companies reported that the new energy vehicles did not pass, mostly because of the inconsistency between the motor and battery manufacturers and the announcement parameters and mileage of less than 30,000 kilometers.

Therefore, each automobile company should make more efforts on the consistency of production, assist users to complete the mileage requirements as soon as possible, and get the subsidies for new energy vehicles in 2016 as soon as possible.



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