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Yesterday, BYD announced that the company’s dual-mode electric vehicle, F3DM, was selected as the first batch of new energy sources recommended by the Ministry of Industry and Information Technology. Individual buyers are expected to receive subsidies of up to 50,000 yuan in the future.
The full name of the catalogue is "Catalogue of Recommended Models for Energy-Saving and New Energy Vehicle Demonstration Application Projects" (the first batch), which is the first release of the Ministry of Industry and Information Technology in the new energy recommended catalog. According to the regulations promulgated by the Ministry of Finance in February this year, vehicles entering the above-mentioned recommended catalogue may enter the scope of demonstration and promotion, and they are expected to receive subsidies only after entering the scope of demonstration and promotion. For qualified passenger cars and light commercial vehicles, it is divided into 5 grades according to the degree of mixture and fuel economy, the highest hybrid power subsidy is 50,000 yuan, and pure electric vehicles are subsidized by 60,000 yuan each.
A total of five models were selected in this list, including BYD F3DM, Iveco Pure Electric Service Vehicle, JAC Pure Electric Vehicle, Jiangling Electric Service Vehicle, and Zhongtai Electric Lightbus. Among them, only F3DM belongs to sedan products and all other commercial vehicles.
Auto industry insiders told reporters that since BYD's ultimate goal is to target individual sales and expand sales, if it can obtain a subsidy of 50,000 yuan, it will greatly benefit personal sales.