In September, the number of certificates for new energy vehicles in China was 77,000, an increase of 78.6% year-on-year

New Energy Vehicle Certificate monthly data and year-on-year (vehicle, exemption from purchase tax caliber)

On October 11, GF Securities issued a research report that the new energy vehicle certification in September increased 78.6% year-on-year, an increase of 13.1%. The Ministry of Industry and Information Technology and the State Administration of Taxation issued the Catalogue of New Energy Vehicles Exempted from Purchase Taxes for Vehicles (hereinafter referred to as the “catalogue of exemption-free purchase tax”), and manages new energy vehicles exempted from vehicle purchase taxation, unless otherwise specified. All kinds of new energy vehicle model statistics for avoiding purchase tax catalog. In September 2017, the number of new energy vehicles in China was 77,000, an increase of 78.6% year-on-year, and an increase of 13.1% from the previous month. From January to September, the accumulative number of new energy vehicle certificates in China was 386,000, an increase of 39.4% year-on-year.

Monthly data of new energy passenger vehicle certification and year-on-year growth (vehicles, exempt from purchase tax catalog caliber)

New energy passenger vehicles increased 77.8% year-on-year, and new energy passenger cars increased 45.1% sequentially

New Energy Passenger Vehicle: The number of certificates in September increased by 77.8% year-on-year, a slight decrease from the previous quarter. In September 2017, the number of new energy passenger vehicles in China was 55,000, a year-on-year increase of 77.8%, a slight decrease of 2.0% from the previous month; the accumulative value of China's new energy passenger vehicles from January to September this year was 312,000, an increase of 54.2% year-on-year. %. In terms of sub-energy sources, the accumulative value of China's pure electric passenger vehicles from January to September this year was 249,000, a cumulative increase of 73.4% year-on-year; the accumulative value of plug-in hybrid vehicles was 63,000, a cumulative increase of 7.2% year-on-year. From January to September this year, the proportion of pure electric and plug-in models for new energy passenger vehicles accounted for 79.9% and 20.1% respectively.

New Energy Bus: The number of certifications decreased by 20.1% year-on-year in September and increased by 45.1% from the previous month

In September 2017, the number of new energy passenger vehicles in China was 0.85 million, down 20.1% year-on-year, and 45.1% month-on-month. From January to September this year, the cumulative value of China's new energy passenger vehicles certification was 31,000, a year-on-year decrease of 47.2%. According to the types of sub-energy sources, the cumulative value of China's pure electric passenger vehicles certification from January to September this year is 24,000, which is a year-on-year decline.

51.0%; cumulative value of plug-in passenger car certification was 0.69 million, a cumulative decrease of 28.0% year-on-year. From January to September this year, the proportion of pure electric and plug-in models in new energy buses accounted for 77.3% and 22.7%, respectively.

Monthly data of new energy bus certification and year-on-year growth (Vehicles, Catalogue of Purchase-free Taxes)

New Energy Special Vehicles and New Energy Trucks: Special Vehicles Have Increased Year-on-Year and Centrally

In September 2017, the number of certificates for new energy vehicles in China was 13,800 (400 fuel cell vehicles). The number of certificates in the previous month was 0.63 million, compared with 0.11 million in the same period of last year, and the cumulative value from January to September was 42,000. The cumulative value for the same period of the year was 0.68 million. In September 2017, the number of certificates for China's pure electric vehicles was 269, and the number of certificates for the previous month was 361. In the same period of last year, the cumulative value for the same period of the previous year was 2,1-9, and the accumulated value was 0.15 million in the same period of 2016.

Monthly data of new energy special vehicle certification and year-on-year growth rate (vehicles, waiving the catalogue of purchase tax)

Monthly data on new energy trucks' certifications (vehicles, purchase-free tax catalog + national compensation caliber)

Duty-free list: The 10th batch exceeded the 9th batch to become the largest contributor to the number of certificates in September

From a batch point of view, the proportion of the first eight batches of vehicle type certificates for the "New Energy Vehicle Model Catalogue Exempted from Purchase Tax for Vehicles" has decreased from 45.6% in January to 22.9% in September, the 10th batch in September. The tax-free list of vehicle types exceeded the 9th batch and became the biggest contributor to September.

On December 6, 2016, the 9th batch of tax-free catalog models was announced. The proportion of vehicle type certificates in the ninth batch of catalogs from January to September this year was 54.4%, 52.8%, 48.9%, 46.4%, 38.1%, 38.4%, and 40.4%, respectively. , 33.9%, 24.5%, the structure accounted for a relatively large but gradually declined. The 10th batch and the 11th batch of the duty-free list models were released on April 27, 2017 and July 6, respectively. In September, the 10th and 11 batches of vehicle type certificates were 26,000 and 15,000, respectively, accounting for 33.5% of the total. 19.2%, while in August the share of the two was 23.4% and 15.4% respectively. In September, the number of vehicle type certificates for the 9-11th batch of tax exemption catalogs in the new energy vehicle tax-free catalog model certification certificate was as high as 77.1%, of which the number of the 10th batch of the tax-free catalog model vehicle certification became the largest contributor in September.

January-September 2017 Purchase-free tax catalog batches of certificate data (vehicles)

September 2017 Catalogue of purchase tax-free purchase certificate