China’s Fujian Province issues policies to boost NEV industry development

Shanghai (Gasgoo)- The Fujian Provincial Department of Industry and Information Technology, along with nine other departments, recently issued the "Implementation Opinions on Fully Promoting the Construction of 'Electric Fujian' (2023-2025)" (hereinafter referred to as "Opinions").

The plan proposes nine measures, including fostering and expanding the new energy vehicle (NEV) industry chain, intensifying the promotion and application of NEVs, and promoting the development of the entire industry chain of electric ships.

In regard to fostering and expanding the NEV industry chain, the "Opinions" indicate the need to promote the rapid development of vehicle manufacturing companies, support NEV (including specialized vehicle) producers to scale up production capacity and strengthen competitiveness, and to continue providing special funds for support. Companies that have utilized 60% or more of their annual production capacity and have grown year-on-year, or have utilized over 20% of their production capacity and have grown by 50% or more year-on-year, will receive a maximum reward of 10 million yuan per company, based on the proportion of their vehicle production capacity utilization.

Additionally, it outlines the need for nurturing industry chain enterprises, accelerating the attraction of investment in the NEV industry chain, and encouraging upstream and downstream enterprises to collaborate on support. Support will be provided for NEV and power battery companies to introduce supporting enterprises to the industry chain. For those newly introduced enterprises that reach a supporting scale of 50 million yuan or more within three years, a maximum reward of 1 million yuan will be given, with a maximum annual award of 10 million yuan per company. For newly introduced companies involved in the smart connected car industry chain, rewards of up to 0.5 million, 1 million, and 2 million yuan will be given for reaching supporting scales of 10 million, 20 million, and 50 million yuan respectively.

The "Opinions" also emphasize the need to accelerate the promotion and application of NEVs. Based on the successful electrification of buses and taxis, the use of NEVs in logistics, sanitation, construction, party and government agencies, state-owned enterprises, and scenic spots, ports, and other public sectors will be further promoted, continuing to increase the proportion of electrified vehicles in the public sector. The proportion of NEVs in the official car field will be increased year by year. Vehicles in 4A and above level scenic spots will strive to switch to NEVs within two years.

Furthermore, full electrification of public sector vehicles is to be piloted, supporting cities with the necessary conditions to actively apply to become national pilot cities for full electrification of public sector vehicles. Those approved will be given a special reward of 10 million yuan.

Additionally, in promoting the construction of EV charging (battery swapping) and hydrogen refueling facilities, the "Opinions" suggest supporting the inclusion of NEV, electric ship charging (swapping) facilities, intelligent roadside facilities, and functional platforms into "new infrastructure" demonstration projects. The promotion of centralized "photovoltaic-storage-charging-inspection" integrated demonstration stations is encouraged, with a subsidy of 500,000 yuan given to the owner of the demonstration station that meets the relevant requirements.