China hires purchase bonuses for electric cars at the end of 2022

High burden on taxpayers

While Germany promotes electric cars at all costs, China pulls the subsidiary plug

China hires purchase bonuses for electric cars at the end of 2022-hires
Cattle man Cabbary: the electric car is a success story – but which could soon stall through practical problems in electricity distribution

  • Site editor Sebastian Viehmann

While in Germany electric cars are promoted with lush purchase premiums, legal tax avoidance and privileges, the largest car market in the world in 2022 pulls the subsidiary plug: the manufacturers have to see how they sell enough electricity.

Electromobility is promoted in Germany with high sums. This burdens taxpayers up to 20.000 euros per vehicle. This is more than twice as much as the state invests in the formation of a child per year – a study by Deutsche Bank once opened a detailed account in 2021 . It is two levers in particular with which politics in Germany privileged e-mobility:

  • Purchase bonuses per vehicle – Up to 9000 euros, divided between the state purchase bonus and the manufacturer’s share, are paid for an electric car. Plug-in hybrids are funded with reduced sentences. Therefore, manufacturers can offer these cars at the same price as a normal diesel or petrol engine.
  • Come to the premiums Various tax advantages: "Other fiscal effects result from lower tax revenue (energy or. Mineral oil tax versions of electricity tax, vehicle tax, CO2 tax on petrol and diesel, VAT)). If electric cars are used as company cars, the tax revenue decrease even more", it says in the research study of Deutsche Bank.

China pulls the funding money connector

A country that now ends this policy is one of the leading electric car markets in the world: China. As the Reuters news agency reports, the purchase subsidies for "New Energy Vehicles" (NEV) – In addition to pure electric cars, hybrids are also managed in China – as planned at the end of 2022. There is still a funding for the rest of the year, which is shortened by 30 percent. The Chinese government also implemented a plan presented in 2020, in which the funding only shrinks by 10, then 20 and now by 30 percent. The electric sales figures still rapidly up. The justification of the Chinese state government for the expiry of funding is officially that there is now no longer necessary a stable market for electric vehicles and subsidies.

China hires purchase bonuses for electric cars at the end of 2022-purchase
Cattle man Tesla Model 3 on the Beijing Auto Show. A new factory from the electric car manufacturer is being built in China – and there could also be a new production facility in Europe

Electrical rate of 20 percent – including hybrid

The end for the funding does not mean that for electric cars in China, because in parallel to the subsidies there are binding odds for manufacturers. And they are preserved. By 2025, 20 percent of all sold cars must be purely electric, with plug-in hybrid or hydrogen drive.

Habeck does not dare to end funding

So little will change in the drive strategy of large Chinese manufacturers, just as little as for the western manufacturers VW, Daimler or BMW that produce in China. With a significant difference to Europe: In the future, manufacturers will have to bring their electric cars to the man or woman without grants and special treatments.A step that Europe and especially Germany does not dare to do: The new Minister of Economics Robert Habeck (Greens) has only just confirmed that there is also full electrical funding in 2022. The traffic light coalition only wants to move around the large tax pouring can, for example by the promotion of plug-in hybrids in the future that they really achieve a high electrical reach. Insiders from the Ministry report that a break-in of electric sales figures is feared as soon as the funding falls away. However, it shouldn’t exist because the traffic lights finally want to see at least 15 million electric cars on German roads by 2030.

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China hires purchase bonuses for electric cars at the end of 2022-electric

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Electrical privileges produce high tax failures

But criticism of the long -term promotion of Stromer is growing – not only because scientists have doubts that the hoped -for "Climate effect" is really correctly calculated by emobility. The Chinese argument against further funding could also be crossed to Germany: the market for the Stromer is now there, the sales figures are increasing significantly. And the variety of model is now so large that almost all vehicle classes are covered. With the Dacia Spring there is now even a current in the cheap car segment.

Less than 11.000 euros: The Elektro-Dacia is so good at the Aldi price

China hires purchase bonuses for electric cars at the end of 2022-electric

Site Less than 11.000 euros: The Elektro-Dacia is so good at the Aldi price

The gap in the tax revenue continues to grow, even if the burden of financing has now been shifted to the shoulders of the vast majority of the population, which have to cross-financed with ever increasing CO2 taxes on petrol and diesel at the gas station. The head of the Federal Consumer Center Association Klaus Muller expressed doubts about the meaning of continued electrical funding at all costs: "You don’t have to subsidize every luxury car, even if it is an electric car", so miller. Purchase bonuses should only do it for list prices under 40.000 euros. So far, an upper limit of 65 applies.000 euros for the basic model. With a bit of tricks in the equipment, many expensive premium electricity from Tesla, Audi or Daimler are eligible.

Haberland’s rearview mirror: This was how crass was in 2021 for drivers

China hires purchase bonuses for electric cars at the end of 2022-hires

Site/Wochit Haberland’s rearview mirror: This was how crass was in 2021 for drivers

Hydrogen and e-fuel instead of batteries?

What the future drive strategy in China looks like as the leading market for e-mobility remains open. China expert Jochen Siebert from JSC Automotive from Shanghai explains: "When we talk about renewable energies, China will recognize (if this has not already happened) that it is much more difficult and lengthy to transport electricity over long distances than to convert electricity into easily transportable energy sources. This is exactly what would be necessary because the sources (solar and wind) are thousands of kilometers away from consumers. Therefore, massively green hydrogen is already being initiated. I believe that the government will recognize that it makes sense to use this green hydrogen to generate e-fuel and other fuels. Energy safety will be concerned about concerns about efficiency". The current trend to fire massively coal again to save the Chinese a cold winter is obviously in this direction.

NIO share goes through the ceiling-first test of the ES6 electric SUV shows why

China hires purchase bonuses for electric cars at the end of 2022-purchase

Site/Wochit NIO share goes through the ceiling-first test of the ES6 electric SUV shows why

China relies on its own electric know-how

On the other hand, the Chinese have secured valuable raw material deposits through a clever development policy in other countries, such as African states, including those that are required to produce batteries. So much suggests that the Chinese continue to expand their horizons far beyond e-mobility-in contrast to the European Union, which relies on battery cars with a de-facto burner-off from 2035. Nevertheless, China wants to continue playing a leading role in e-mobility. It was not for nothing that Tesla was brought into the country, with a factory in Shanghai.

China hires purchase bonuses for electric cars at the end of 2022-electric
Press Inform Xpeng P7

The successful local electrical manufacturers in China include NIO, XPENG or BYD. With the funding policy, the Chinese want to ensure that after a year-long wild growth of hundreds of small electric car builders in the future, only solid companies with high-quality and safe products will remain and operate the market. It also fits that the government looks more at the operational safety of the electric cars after there were several fire incidents.

Electrical SUVs for everyone? China wants to storm Germany’s e-car market

China hires purchase bonuses for electric cars at the end of 2022-bonuses

Site Electrical SUVs for everyone? China wants to storm Germany’s e-car market

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18 thoughts on “China hires purchase bonuses for electric cars at the end of 2022”

  1. 15000 000 to 2030?
    Very daring. What actually happens if not? Above all, because in Germany first … the e cars are sold and then only the infrastructure is ensured. If those who can load themselves are cared for, go downhill with the approvals. With promises that you can shop everywhere, even when shopping. Especially since the big discounters still need an enormous amount of space for the stations. If everyone had 2 such a cart, you would need over 20,000,000 charging points if you don’t want to queue for hours. Have fun building. But a new business area opens up for the discounters. That will cost accordingly. At the beginning of the curl, of course, free of charge.

    Reply
  2. The study by Deutsche Bank
    you can confidently step into the bin. "Further fiscal effects result from lower tax revenue" is argued. That means that people who do not drive a car or drive very little do this at the expense of taxpayers, which is a complete nonsense. Here it becomes very clear that e-mobility is poorly expected by all means, even with false assumptions. And the Petrolheads cheer without thinking …

    Reply
  3. Someone who with his vehicle streets
    etc. Used without paying taxes, on the contrary, still cashes in subsidies, drives at the expense of those who pay taxes. Nothing can be twisted. Who finances the subsidies? But those who pay their taxes with good time, but not the ones who drive tax -free. What is wrong to understand?

    Reply
  4. VW and political consultants/board are happy.
    E-cars are sold too expensive in Germany. Since fewer components are installed, you could sell them cheaper than burners. In addition, electronic components in quantities only cost a few cent. And these are still promoted by the state with subsidies. Expensive electric car is promoted by the politicians, with tax money.

    Reply
  5. I think they are not up to date
    The chip costs have risen many times over, especially automotive -certified parts are very expensive. Clearly work is being made on profit maximization, the automobile manufacturers take what you can get. The subsidies belong to

    Reply
  6. China pulled the ripcord and the knowledge
    why. Even though they actually sit on the resources. Current battery technology is neither environmentally friendly nor CO2 neutral. In addition highly dangerous. With us, the magic is only preserved in life by means of high and unjustified subsidies. They do not pay taxes, but use streets etc. They are not marketable without subsidies.

    Reply
  7. @KOpnick What does that have to do with my contribution?
    But nothing at all, or where do you see a connection? You comment on my contribution with any text modules from the Tesla Echo Cam …. obviously didn’t read it at all. The LI battery technology is just unclean and dangerous. Contrary to their representations, the resources are not available indefinitely, are already being scarce. See site article.

    Reply
  8. Absolutely not mature
    I had to cover about 1800 km with an Eauto in the last week of the year (passenger). My conclusion- a good weather car for short distances and people with PV system. In the case of cold, the thing consumes far too much energy (average approx. 25 kW at 100 km), so that the pillar loads far too expensive on the pillar at around 69CT/kWh, plus the amount of acquisition price.There they are " extra costs" Not in the charging yet (each time coffee, possibly. What to eat etc.) And it takes far too long. For a distance of about 450 km almost 7h, no thanks.

    Reply
  9. What were they on the go?
    I would make 450km with my M3 in a row even in winter when I put it on and pre -condition the car. We drove a distance of 360km yesterday at approx. 0 degrees, climate to 20 plus seat heating. I had a consumption of 17 kWh. Speed was 90 to 130 depending on traffic. Even if I had driven 200, I should have loaded max 10min.

    Reply
  10. Many countries promote e-cars & also China
    it did for many years with up to 7.300 € purchase bonus that has been gradually reduced since 2020 & end D.J. should run out completely. The author’s wording "lush purchase premiums" for Germany is relative. Norway grants the highest funding in Europe, possibly worldwide, where you can buy up to 10 when buying an electric car compared to an combustion engine.000 € can save purchase tax plus 25% VAT! In the EU, Romania is the frontrunner of 10 with 10.000 €, followed by Croatia with 9.100 €. In France there is 7.000 €, in Italy, Spain, Sweden & Ireland between 5.000 and 6.000 €. Germany stands with its 6.000 € Environmental bonus, corona -induced until 12/22 to 9.000 €, so by no means alone in the. 2025 is LT. Traffic lights KV.

    Reply
  11. @KOpnick you know the difference between
    energetic efficiency and coulombic efficiency of the batteries? Obviously not. In the case of coulomb efficiency, the difference between loading and discharge voltage is ignored, marketing is often used because very high. The energetic efficiency is meaningful because it takes into account the charging losses. The pure battery has 68% – 75% (LT. Specialist literature).

    Reply
  12. The subsidies for E vehicles,
    are sweet poison for the jobs in the German automotive industry. If one day these incredibly high funding disappears in Germany, electric vehicles built in Germany are no longer competitive on the market in Germany. Basically, German tax money, German jobs in the automotive industry are destroyed in the long term (see solar industry). But how do you explain that to a writer.

    Reply
  13. How do you explain it
    That the German car manufacturers sell their cars worldwide and only a very very small proportion in Germany? Other countries make the politics to which German car manufacturers have to react, the politicians in Germany are not really interested in any car manufacturer.

    Reply
  14. Equally
    Politics here with us is chosen, but also does not have the right idea what the people "disturbs". There are spending the end without end, which you really could have shot much better into other projects, and you think it is still correct to do it further. Do not know what the one deal with the car manufactures, but there is only one winner that car manufacturers. At 750.000 electric cars, on average with 5.000 € subsidized, it does 3.75 billion, without charging stations….. If you take the citizens living in Germany, 83 million, it makes an average of around € 45 that every family could have got, and some need it yesterday than today. Which politician is honest with us and takes responsibility……

    Reply
  15. Yes of course
    You don’t need too much foresight to see what nonsense e-automobile is nonsense. Otherwise, logically, every parking lot would probably need a charging station, which, realistically, is completely unenforceable. As a result, only driving for rich, with their own land and private parking spaces, is only sought. Funny, people go against the obligation to vaccinate, as if we all have more important topics to take to the streets……

    Reply
  16. No, Mr. Friedrich
    With a petrol or diesel, I don’t need a gas station in my own parking lot. Because I go home for a quick time on the way, the tank is full in 2min. By the way: sales representatives refuel almost every day because of the long routes they drive. Most people disturb the long loading times at electric cars. Many have not yet understood that. You probably not ….

    Reply
  17. The barrel slowly runs over!
    Because the previous federal governments could not regulate the responsible industry for environmental protection, the little one must come back! We read yes: Mercedes builds 1000km cars – I ask: Who buys them at what price? The effort lies with the working people, the promotion for Teslas and Co with those who already have enough. Even if people have honestly earned their money. It has to be rethought and, above all, preceded. This sleeping cap climate policy is unbearable! Some comments here open your eyes! Well, where now nuclear power and gas is green… Basically: if that goes wrong, please also have the right ones paid!

    Reply
  18. CDUCSU
    They don’t have that much money in life that they have to pay for the past year alone. Toll, masks, health funds. To the car: just look at Renault Dacia or the Chinese…

    Reply

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