What are the implications of the double-integration policy announced?


From January to July this year, cumulative sales of domestic new energy vehicles have reached 251,000, an increase of 21.5% year-on-year. The new energy auto market is inseparable from policy support. To better promote the development of new energy vehicles, such as the subsidy standard for new energy vehicles and the introduction of “green channels” for new energy vehicles by restricted cities, the implementation of policies is also largely implemented. It has promoted the development of auto manufacturers in the field of new energy and introduced more new energy products.

In addition, the recently discussed dual-point management method will also be released soon. Then what kind of policy is it and what impact will it have after implementation?

双积分政策影响

What is the double-integration policy?

双积分政策影响

On September 22 last year, the Ministry of Industry and Information Technology released the Interim Measures for the Administration of Concurrently Managing the Average Fuel Consumption of Enterprises and New Energy Vehicle Points (Draft for Soliciting Opinions) (abbreviation: Dual-Point Management Method), which is planned to be implemented in 2018. The double-credit policy makes rigid demands on the average fuel consumption points for auto companies and new energy auto points.

Taking the new energy vehicle points as an example, from 2018 to 2020, the proportion of new energy vehicles will be 8%, 10%, and 12%, respectively. Among them, each pure electric vehicle has 5 points (calculated according to the cruising range of 350 kilometers), and the hybrid vehicle has 2 points (including HEV/PHEV and pure electric mileage greater than 50 kilometers).

To put it simply, car companies that sell 1 million cars each year will need to receive 80,000 new energy car points in 2018, that is, selling 16,000 pure electric vehicles, or a hybrid car with a corresponding number and integration standard. If the failure to complete the annual target as scheduled will pay fines, it may also purchase positive points from other car companies, or suspend the production of the corresponding number of transmission fuel models.

双积分政策影响

The purpose of the double-integration policy is to promote further energy conservation and emission reduction, and continue to promote the development of domestic new energy vehicles after the subsidies for new energy vehicles are gradually reduced or terminated. On June 13 of this year, the Legal Affairs Office of the State Council issued the second round of drafts drafted by the Ministry of Industry and Information Technology. On July 25, Zheng Lixin, director of the Bureau of Supervision and Coordination of the Ministry of Industry and Information Technology, publicly stated at the press conference of the State Council Information Office that the dual-credit management method is currently fulfilling the issuance procedures and will be officially released in the near future.

What will be the impact of the implementation of the new measures?

双积分政策影响

This latest dual-point management approach has again accelerated the development of new energy fields to a certain extent. From the long-term planning of various car companies, the proportion of new energy products is undoubtedly gradually increasing. This kind of strategic planning that is continuously developing in the field of new energy will, in the long run, effectively alleviate energy and environmental pressures. In a short period of time, it can help enterprises meet the double-integration policy to some extent.

What are the new actions of auto manufacturers in the field of new energy?

双积分政策影响

In addition to R&D and launch of new energy products in accordance with its own plans, some car companies have chosen a new form of new energy vehicle joint venture. If VW and JAC signed a joint venture agreement in Berlin, Germany, a new energy automobile joint venture will be established with a registered capital of 2 billion yuan. The two parties will each contribute RMB 1 billion yuan, and their equity ratios will each account for 50% of the total registered capital of the joint venture company. In the future, the company will conduct comprehensive cooperation on the basis of new energy automotive products and in the R&D, production, sales, and travel plans of new energy vehicles and components.

On June 1, 2017, Beijing Automobile Group Co., Ltd. signed a framework agreement with its partner Daimler AG. As an important part of the framework agreement, Daimler strategically invested in Beijing New Energy Automotive Co., Ltd., a subsidiary of BAIC Group, to strengthen cooperation in the field of new energy vehicles. At the same time, matters concerning Daimler’s stake in BAIC New Energy are currently in progress.

On August 22 this year, Ford Motor Co. and Anhui Zhongtai Automobile Co., Ltd. signed a cooperation memorandum. The two sides will develop a new pure electric joint venture company in China. The joint venture will each hold 50% shares. The new joint venture company will integrate the research and development, manufacturing, sales and service of pure electric passenger cars, and provide domestic consumers with self-owned brands of pure electric vehicles.

On August 29, the Renault-Nissan Alliance and Dongfeng Group also announced plans to establish an electric vehicle joint venture company, Easyjet New Energy Automobile Co., Ltd. Renault and Nissan each hold 25% of the shares, while Dongfeng holds the remaining 50%. The production of new electric vehicles will be carried out at the Dongfeng Automobile Production Base in Shiyan City, Hubei Province. The annual production and sales volume of 120,000 vehicles will be formed. The project is expected to start production of new electric vehicles in 2019.

Conclusion: Along with the state's many policies for the implementation of new energy automotive market, auto manufacturers also regard new energy vehicles as an important part of their future plans. In addition to its own brand R&D and launch of new energy products, some car companies also chose to establish a new form of new energy vehicle joint ventures. The research and development of new energy vehicles is not limited to the production of vehicles that meet regulatory requirements, but also creates more favorable conditions for the development of the Internet technology, automotive data services and other fields.



Food Grade Phosphate

Food grade phosphate refers to a group of phosphates that are used in the food industry as food additives. These phosphates are typically derived from phosphoric acid and are used for various purposes such as pH adjustment, flavor enhancement, moisture retention, and texture improvement in food products.
Food grade phosphates are commonly used in processed meats, poultry products, seafood, baked goods, and dairy products. They can help improve the texture and juiciness of meat products, prevent the formation of ice crystals in frozen foods, and act as a leavening agent in baked goods.
Some common types of food grade phosphates include sodium phosphate, potassium phosphate, and calcium phosphate. These phosphates are generally recognized as safe (GRAS) by the U.S. Food and Drug Administration (FDA) when used in accordance with good manufacturing practices.
However, excessive consumption of food grade phosphates may have health implications, especially for individuals with kidney problems. Therefore, it is important to consume foods containing food grade phosphates in moderation and as part of a balanced diet.

Food Grade Phosphate

Sichuan Jinhe Qihang Co,. Ltd. , https://www.jinhechemicals.com

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