Hainan Province to remove NEV local subsidy from June 26

The government of China’s Hainan Province recently announced that consumers who buy new energy vehicles (NEVs) with license (excluding buses and fuel cell vehicles) will no longer enjoy the subsidy offered by local government from June 26 on.

Besides, the NEVs purchased during the transition period (from March 26 to June 25) will still be available for local subsidy. Some vehicles are not applicable to the local subsidy unless automakers have them meet specific range demands and get the settlement funds from the state government.

By the end of 2017, a total of 15,000 EVs had been deployed across Hainan, accounting for 1.3% of total car population on the island. Of that, the respective volumes of new energy rental cars, buses, logistics vehicles, private cars and taxis were 4,739 units, 2,424 units, 2,351 units, 1,735 units and 995 units. Last year, EV population was increased by around 8,000 units to 23,000 units, making up 1.8% of total car parc, according to a statement released on April 29.

In addition, by the end of 2018, the cumulative number of charging piles grew to 4,602 units, among which 3,502 piles are for public use. In Haikou and Sanya, there were 2,223 and 1,143 charging piles, occupying 48% and 25% respectively of total volume.    

Hainan plans to newly construct 65,000 charging piles from 2019 to 2020 and 267,000 units from 2021 to 2025. By 2030, the number of charging piles is scheduled to aggregate 940,000 units for the province.