Alcohol-hydrogen electric buses are included in the list of vehicles exempt from purchase tax, and the policy dividend of old-for-new promotes development
2024-08-13
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On August 2, a number of alcohol-hydrogen electric products under Geely Star Bus were included in the newly released "Catalogue of Energy-Saving and New Energy Vehicle Models Enjoying Vehicle and Vessel Tax Reduction and Exemption" (64th batch) and "Catalogue of New Energy Vehicle Models Enjoying Vehicle Purchase Tax Reduction and Exemption" (8th batch). The entire product series covers alcohol-hydrogen electric buses, and the technical route has been recognized by the state.
In addition to the above policies, the Ministry of Transport and the Ministry of Finance issued the "Implementation Rules for Subsidies for New Energy City Buses and Power Battery Updates" on July 29, which clarified the fixed subsidy policy for urban bus companies to update new energy city buses and replace power batteries. Specifically, an average subsidy of 80,000 yuan will be given for each new energy city bus updated. The introduction of this policy undoubtedly provides strong policy support for the development of Geely Star Bus, especially its alcohol-hydrogen electric technology route.
Methanol is "liquid hydrogen and liquid electricity", the best carrier for wind power and photovoltaic power, and a globally recognized green energy source. Alcohol-hydrogen electric vehicles are an upgraded development of automotive electrification, which effectively makes up for the shortcomings of pure electric and hydrogen fuel applications, enriches the technical route of automotive electrification, and helps solve China's energy security and transportation emission reduction problems. Alcohol-hydrogen electric technology adds a methanol-driven on-board high-efficiency energy replenishment system to the electric vehicle architecture, which is an evolutionary upgrade and comprehensive empowerment of pure electric and methanol power. Not only does it significantly reduce carbon emissions compared to fuel vehicles, but compared to pure electric vehicles, it does not need to rely heavily on charging piles, effectively solving users' energy replenishment anxiety.
