Automotive Oct 27, 2020 09:45 AM (GMT+8) · EqualOcean
The Beijing Small Passenger Car Index Regulation and Management Office released the new phase of passenger car index application status on October 25. As of October 8, 2020, the number of applicants for new energy passenger cars in Beijing reached 466,400, a decrease from the previous year’s figure of 467,200. According to the 'Notice on the Relevant Rules for the Demonstration and Application of New Energy Passenger Car Configuration Indicators and Waiting Allocation,' the annual quota of new energy passenger cars for individuals and units has been exhausted, and the valid application codes that have passed the review stage will continue to wait under regulations. The decrease in the number of applicants compared with the previous year is due to the 'one-time additional issuance of household new energy passenger cars.' Private consumption is becoming the growth-driving force of the new energy vehicle market in 2020. Shared cars and online car-hailing, etc. drove the new energy vehicle market in the past and have been significantly reduced.

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