Core Viewpoint - The article discusses the adjustments to the technical requirements for energy-saving new energy vehicles (NEVs) in China, particularly regarding the exemption from vehicle and vessel tax, which will take effect on January 1, 2026. The new regulations impose stricter standards for plug-in hybrid vehicles and maintain existing standards for pure electric vehicles [3][8]. Summary by Sections New Regulations Overview - The Ministry of Industry and Information Technology, the Ministry of Finance, and the State Taxation Administration have released new technical requirements for NEVs, which will be implemented starting January 1, 2026 [3]. - The new regulations increase the minimum electric range for plug-in hybrid vehicles from 43 kilometers to 100 kilometers [3][4]. Specific Vehicle Requirements - For pure electric buses, the minimum range remains at 200 kilometers, while plug-in hybrid buses must have a minimum electric range of 50 kilometers. Pure electric trucks must achieve a minimum range of 80 kilometers [4][5]. - The new regulations also set fuel consumption limits for energy-saving vehicles based on their weight, with specific thresholds for different seating configurations [6][7]. Historical Context and Policy Changes - Previous policies from 2012 and 2015 established tax incentives for energy-saving and new energy vehicles. The latest announcement replaces the 2024 regulations and introduces new standards for vehicle eligibility for tax exemptions [8]. - Vehicles that meet the new criteria will be automatically included in the updated directory for tax exemptions, while those that do not comply will need to be re-evaluated and re-registered [8].

Core Viewpoint - The announcement from three departments regarding the adjustment of technical requirements for energy-saving and new energy vehicles aims to enhance the standards for vehicle tax exemptions, aligning with advancements in technology and promoting high-quality development in the industry [1][3][4]. Summary by Sections Announcement Details - The new regulations will take effect on January 1, 2026, and will replace the previous guidelines [3]. - New energy vehicles applying for tax exemptions must meet the updated technical requirements outlined in the new directory, which will be effective from the 82nd batch onwards [3]. - Vehicles listed in the previous directories (65th to 81st) that meet the new requirements will automatically transition to the new directory, while those that do not must rectify and reapply by the deadline [3]. Technical Requirements - The technical requirements for new energy passenger vehicles have been raised, including a minimum pure electric range of 100 kilometers for plug-in hybrid vehicles, up from the previous requirement of 43 kilometers [3][4]. - The adjustments are intended to ensure that policies keep pace with rapid advancements in vehicle range and engine technology [4]. Implications for the Industry - The changes are expected to encourage companies to increase R&D investments, phase out outdated products, and shift the industry focus from scale expansion to high-quality development [4]. - The updated standards are part of a broader strategy to stabilize long-term expectations for companies regarding policy support [4].

Core Viewpoint - The announcement regarding the adjustment of tax incentives for energy-saving and new energy vehicles aims to align with technological advancements and promote high-quality development in the industry, effective from January 1, 2026 [2][4][5]. Summary by Sections Announcement Details - The new policy will be implemented starting January 1, 2026, replacing the previous regulations [4]. - New energy vehicle models applying for tax incentives must meet the updated technical requirements outlined in the new directory, which will be effective from the 82nd batch onwards [4]. Technical Requirements - The technical requirements for new energy passenger vehicles have been raised, including a minimum electric driving range of 100 kilometers for plug-in hybrid vehicles, up from the previous requirement of 43 kilometers [5]. - The adjustments are intended to ensure that policies keep pace with rapid advancements in vehicle range and engine technology, encouraging companies to invest in research and development [5]. Specific Adjustments - The announcement includes updates to fuel consumption limits for energy-saving vehicles and new energy vehicles, as detailed in attachments [6]. - The technical requirements for various vehicle categories, including passenger cars, buses, trucks, and fuel cell vehicles, have been specified, with particular emphasis on energy consumption and range [16][18][20][21]. Implications for the Industry - The changes are expected to guide enterprises towards higher research and development investments, phasing out outdated products, and shifting the industry focus from scale expansion to high-quality development [5].