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Photo source: new energy vehicle companies will receive relevant information one after another, but they also need to consider the way to survive in the "post subsidy era". Recently, the Ministry of industry and information technology issued the announcement on the review of 2017's new energy vehicle promotion and application subsidy fund clearing (hereinafter referred to as "the announcement"), which shows that 207409 new energy vehicles out of 236881 new energy vehicles declared by enterprises have passed the examination, and a total of 22.027 billion yuan of new energy vehicle subsidies will be issued, with the subsidy passing rate of about 87.6%, compared with that in 2016 Compared with a slight decline, this is related to the improvement of audit standards in the subsidy process. From the perspective of specific subsidies, commercial vehicle enterprises are still the main force of this subsidy, accounting for nearly 60% of the total amount of subsidies, followed by passenger cars and other special-purpose vehicles, while Yutong automobile and Zhongtong bus, which occupy the first and third place in the amount of subsidies, are also enterprises focusing on commercial vehicles, and they receive 4.59 billion yuan and 1.12 billion yuan of new energy vehicle subsidies respectively; the same as At the same time, Dongfeng and other independent brands, which take into account both commercial vehicles and passenger vehicles, occupy the top of the list of compensation. In addition, SAIC, BAIC motor and BAIC Motor Co., Ltd. also ranked in the top of the supplement. Jinhua youth Automobile Manufacturing Co., Ltd., which was suspected of "cheat compensation" due to the "water hydrogen vehicle" incident, will also receive a subsidy of 118 million yuan. In the announcement of the subsidy audit, nearly 2.4 billion yuan of subsidy funds failed to pass the audit, involving 29500 vehicles, one of the most important factors is that the vehicle mileage is less than 20000 km. According to the new regulations issued by the state, in the new energy fund subsidy requirements, add a clause: "it is required to operate new energy vehicles for 2 years from the date of registration. If the operation is less than 20000 meters, no subsidy will be given, and the pre allocated funds will be deducted during liquidation." This new regulation has also become the main reason for being returned in this review. For example, the company has declared 12794 new energy vehicles, but only 6207 vehicles have passed the review, 3344 of which have failed the review due to mileage, and 1477 vehicles of BAIC new energy have failed the review due to mileage. In addition, the core data of group energy density and driving motor power related to "three electrics" are inconsistent with each other, which is also one of the important reasons for the failure of the subsidy application of vehicle enterprises. For example, 982 vehicles declared by the automobile industry have suffered "total annihilation" due to the inconsistency between the data and the recommended catalogue. In fact, the subsidy amount of new energy vehicles is directly related to the financial situation of many vehicle enterprises, and the situation that new energy vehicle enterprises rely on subsidies still exists. According to the 2018 financial report released by automobile enterprises, the net profit of Yutong Bus ranked first in the amount of compensation in 2018 was 2.301 billion yuan, and the net profit of BYD ranked second in the amount of compensation in 2018 was 2.790 billion yuan. According to the statistics of the first financial reporter, among the top ten auto enterprises in the top ten, the amount of subsidy is less, accounting for 50% of the net profit, and some enterprises are nearly twice of the net profit. However, with the gradual decline of national new energy subsidies, the policy has shifted from subsidy oriented to non dominated, and to the establishment of a market-oriented new energy vehicle market. Today, the data released by China Automobile Industry Association shows that in September 2019, the sales volume of new energy vehicles was 89000, a year-on-year decline of 29.9%. Although the cumulative sales volume from January to September is still in the growth range, the sales volume of new energy passenger vehicles and commercial vehicles in a single month showed a year-on-year decline trend. According to Cui Dongshu, Secretary General of the Federation, the change of support policies in the post subsidy era is mainly aimed at establishing an independent market and changing the current situation that some car enterprises rely on subsidies. Therefore, in the future, the support of the state will focus on the right of way, charging facilities and other supporting facilities. According to the report issued by China Federation of passenger transport, with the further full competition of new energy vehicles in 2020, the recognition of new energy will be further improved, and the potential for the bottom recovery of new energy passenger vehicles is still large. In the field of high-end models, many models have begun to enter the actual delivery stage. In addition, the sales increase in the market segments including, new energy light truck, etc., will also bring a trace of vitality to the future new energy vehicle market. Zhang Qiang, an auto industry analyst, told the first financial reporter that more than 70% of the current sales of new energy vehicles come from commercial vehicles. Behind the failure of the current round of subsidies, it is mainly due to the idle phenomenon of new energy operating vehicles. This measure was originally to prevent cheating subsidies, but also reflects the current increase in the added value of domestic industry It is in a relatively unstable stage, which leads to the unstable demand of freight and passenger transport. Chang Rui, deputy general manager of automobile group, told the first financial reporter that to activate and promote the new energy market, subsidies can only play an initial role in market activation, and the most important is policy factors, especially the opening of the right of way, the guarantee of unified operation platform and the stimulation of external capital, which are fundamental and sustainable measures, while enterprises with technical and channel advantages are in the market The competition will gradually occupy the market advantage.