As it known, with the background of research by the Four Ministries of government (Ministry of Industry, Development and Reform Commission, Ministry of Finance and Ministry of Science), the new energy vehicle allowance policy has officially decided and will be published recently. Allowance unified is highlighted among the regulations.

“We will have plenty of twin engine cars launching market next year”. Chuanfu Wang, chairman of BYD (002594) told media at BYD Worldwide Technology Explain Conference yesterday, twin engine vehicle is the direction in the future.

It is reported that the cars demanding is more and more, while the auto tax i s also attracting all lines’attention. Recently, at 2013 International Forum on Chinese automotive industry development, Development and Reform Commission Equipment Dept. Director Li Gang raised a hot topic, that is: Auto consumption tax reform, the direction of which is to cancel the purchase tax. In his view, the automobile purchase tax should be canceled and transferred to fuel tax and realize local and Central share, which can lower the threshold of buying a car but raising the threshold of using the car.