Implementing Regulations of Subsidies for Municipal-Level New Energy Vehicle in Chengdu Published
On June 10, 2019, the city of Chengdu published the Implementing Regulations of Subsidies for Municipal-Level New Energy Vehicle in Chengdu. Said Implementing Regulations stipulated clear identifications of subsidy subjects, subsidized products and subsidy methods, and came into force on the date of its announcement.
The applicants of municipal-level new energy vehicle subsidy are consumers (individual or organizational users) that purchase new energy vehicle (excluding second-hand vehicles) in the city of Chengdu and that are registered with the public security organ in charge of vehicle management in the city. This set of detailed regulations is not applicable to government organs, public institutions, people's organizations, state-owned enterprises and state-holding enterprises that purchase or rent new energy vehicles using fiscal budget.
Subsidized products include new energy vehicles registered with the public security organ in charge of vehicle management in the city of Chengdu between January 1, 2017 and June 25, 2019, and new energy buses and fuel cell vehicles registered with the public security organ in charge of vehicle management in the city of Chengdu between January 1, 2017 and December 31, 2019.
Subsidized products should be included in the list of "recommended models of new energy vehicle for promotion and application" with central fiscal subsidies issued by the Ministry of Industry and Information Technology including full electric vehicle, plug-in hybrid electric vehicle (including extended-range models) and fuel cell vehicles.
Upon central fiscal subsidies, a municipal-level support subsidy equivalent to 50% of central fiscal subsidies will be granted.
During the sales of new energy vehicle products to consumers, new energy vehicle production enterprises should settle transaction after deducting central and municipal-level support subsidies. If subsidy subject, product and other application requirements are met, and after obtaining fiscal subsidy from the central government, the manufacturing enterprise may apply for municipal-level subsidy by following the relevant rules and regulations.
A manufacturing enterprise that is registered in the city of Chengdu and possesses independent legal person qualification shall directly apply for subsidy; a manufacturing enterprise that is not registered in Chengdu shall apply by registering a wholly-owned sales subsidy possessing independent legal person qualification in the city or by commissioning an automobile dealer that is registered in Chengdu and possesses independent legal person qualification to submit application materials.
Funds from the municipal-level subsidy shall all be wired to the account of the manufacturing enterprise.