新华网财经·2025-07-10 06:15Core Viewpoint - The Ministry of Industry and Information Technology has released a public notice regarding the audit of subsidy funds for the promotion and application of new energy vehicles from 2016 to 2020, indicating a dynamic adjustment of subsidies to prevent companies from becoming overly reliant on them [1][6]. Summary by Sections Subsidy Adjustments and Company Performance - Many car manufacturers received less subsidy than applied for between 2016 and 2020 due to non-compliance with application requirements or failure to upload operational data [1]. - BYD received an average annual subsidy of 3.76 million yuan, with a total reduction of approximately 142 million yuan due to nearly 5,000 fewer vehicles being subsidized than applied for [4]. - Changan Automobile averaged 148,400 yuan in annual subsidies, with a reduction of about 13.27 million yuan due to 438 fewer vehicles being subsidized [4]. - Beijing New Energy Automobile Company received an average of 12.42 million yuan annually, with a total reduction of about 9.7 million yuan due to 2,776 fewer vehicles [4]. Overall Subsidy Trends - From 2017 to 2020, several companies, including GAC Group, FAW Group, Geely, and Dongfeng, received annual subsidies ranging from 910,000 to 13.05 million yuan, with Dongfeng receiving the highest average [5]. - The total subsidy reductions for companies like Dongfeng exceeded 37 million yuan, while BYD and Chery faced reductions of over 140 million yuan [5]. Policy Dynamics - The subsidy policy for new energy vehicles has undergone dynamic adjustments since 2016, influenced by technological advancements and market conditions, to avoid creating dependency among manufacturers [7][8]. - The policy adjustments include raising the entry threshold for subsidies based on vehicle energy consumption, range, and battery performance, as well as cracking down on fraudulent subsidy claims [8]. - By 2024, the penetration rate of new energy passenger vehicles has exceeded 50%, indicating a shift towards market-driven competition beyond subsidies [9].