Starting from October 1, plug-in (including extended-range) hybrid passenger vehicles have a pure electric driving range of not less than 43 kilometers in order to be exempt from vehicle purchase tax.

This policy is derived from the "Announcement on Adjusting the Technical Requirements for New Energy Vehicle Products Exempted from Vehicle Purchase Tax" jointly issued by the Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation on May 13. The mileage has been adjusted, and the pure electric driving range of plug-in (including extended range) hybrid passenger vehicles should meet the conditional equivalent full electric mileage adjusted to not less than 43 kilometers. According to the previously issued "Announcement on the Exemption of New Energy Vehicle Purchase Tax" (Announcement No. 172 of 2017, hereinafter referred to as No. 172) of the Ministry of Finance, the pure electric power of plug-in (including extended range) hybrid passenger vehicles will continue The vehicle purchase tax can be exempted with a mileage of 50 kilometers.

　　 The "Announcement" also emphasizes that new energy vehicle products that are exempt from vehicle purchase tax must meet certain energy consumption standards and give specific calculation formulas.

According to the specific "Announcement", the fuel consumption of the plug-in (including range-extended) hybrid passenger car power retention mode test is compared with the fuel consumption limit of the vehicle type in the "Passenger Vehicle Fuel Consumption Limit" It should be less than 70%; the power consumption of the power consumption mode test should be less than 135% of the target value of power consumption. According to the different curb weight (m, kg) of plug-in (including extended range) hybrid passenger vehicles, the target value of electric energy consumption per hundred kilometers (Y) should meet the following requirements: when m≤1000, Y=0.0112×m+ 0.4; when 1000＜m≤1600, Y=0.0078×m+3.8; when m＞1600, Y=0.0048×m+8.60.

From the date of publication of the "Announcement" to October 1, 2021, only plug-in (including extended range) hybrid passenger vehicles that meet the new version of the standard for testing and meet the technical requirements of Articles 1 and 2 can be used. Included in the "Catalogue of New Energy Vehicles Exempted from Vehicle Purchase Tax". At the same time, other technical requirements for new energy vehicle products that are exempt from vehicle purchase tax will continue to apply the provisions of Policy No. 172.