Beijing has canceled municipal financial subsidies for pure electric vehicles since June 26. This reporter called a number of 4S stores today and learned that some pure electric vehicles have been cleared and stopped for production or sale, waiting for the next steps of relevant companies. In response to concerns about car companies losing money in the short term, experts suggest that car companies can improve their market competitiveness through technological upgrades. On the 26th, the Beijing Municipal Science and Technology Commission, Beijing Municipal Bureau of Economics and Information Technology, Beijing Municipal Finance Bureau, Beijing Municipal Urban Management Committee, and Beijing Municipal Transportation Commission issued a notice on adjusting the relevant content of the "Beijing Municipal Administration Measures for the Promotion and Application of New Energy Vehicles", clarifying that starting from June Municipal financial subsidies for pure electric vehicles will be canceled from the 26th. The relevant person in charge of the Municipal Science and Technology Commission stated that on March 26, 2019, the Ministry of Finance and other four ministries and commissions issued the "Notice on Further Improving Fiscal Subsidy Policies for the Promotion and Application of New Energy Vehicles" (referred to as "Cai Jian No. 138"), requiring local governments to Improve the policy. After the transition period (March 26, 2019 to June 25, 2019), purchase subsidies for new energy vehicles (except new energy buses and fuel cell vehicles) will no longer be provided and will be used to support charging (added Hydrogen) infrastructure "short board" construction and supporting operation services, etc. If local governments continue to provide purchase subsidies, the central government will deduct relevant financial subsidies accordingly. In order to implement Caijian No. 138, Beijing has adjusted municipal financial subsidies. From March 26 to June 25, 2019, municipal financial subsidies were implemented in accordance with the "Notice on Adjusting and Improving Financial Subsidy Policies for the Promotion and Application of New Energy Vehicles in Beijing" (Jingcaijingyi [2018] No. 1296). For pure electric vehicles, Municipal financial subsidies are arranged for automobiles (except for pure electric buses, pure electric sanitation vehicles, and pure electric vehicles purchased by administrative institutions using fiscal funds) and fuel cell vehicles at a ratio of 1:0.5 between the central and local governments. Starting from June 26, municipal financial subsidies for pure electric vehicles will be cancelled, and municipal financial subsidies for fuel cell vehicles will be arranged at a ratio of 1:0.5 between the central and local governments. Local government subsidies have been cancelled, and national subsidy standards have been reduced by more than 50%. Many consumers are worried about rising car prices. The reporter called several 4S stores today, and the clerks said that due to the reduction of subsidies for new energy vehicles, some pure electric vehicles have been cleared and stopped for production or sale. They are waiting for news from relevant companies to see if there are any preferential measures or upgraded models. Currently, a small number of models still maintain "subsidized prices", which are expected to last until the end of the month. In view of the low willingness of consumers to purchase and the difficulty for car companies to operate in the short term by offering profits, Chen Yanyan, dean of the School of Transportation at Beijing University of Technology, believes that relying on government subsidies is not a long-term solution, and car companies should upgrade their technology to enhance market competitiveness. She suggested that car companies should cooperate with the government to improve the construction of supporting facilities such as charging piles, improve the environment for using electric vehicles, and increase consumers' willingness to purchase.

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