·China will introduce electricity price policy for electric vehicles

The National Development and Reform Commission issued the "Notice on Issues Concerning the Electricity Price Policy for Electric Vehicles" to determine the implementation of the supportive electricity price policy for electric vehicles charging and replacing facilities.
The "Notice" clarifies that price concessions will be implemented for the use of centralized electricity charging and replacement facilities, and large industrial electricity prices will be implemented, and basic electricity charges will be waived by 2020. Residents' homes, residential quarters, and other charging facilities use electricity to enforce residential electricity prices. The electric vehicle charging and replacing facilities use electricity to implement the peak-to-valley time-of-use tariff policy, encouraging users to reduce charging costs.
The "Notice" proposes that the charging and replacing service fees should be reasonably established in accordance with the principle that the cost of using electric vehicles is significantly lower than that of fuel (or gas) vehicles. Among the two charges for electricity charges and charge and replacement service charges charged by the operating companies for charging and replacing facilities, the electricity charges shall be implemented in accordance with the electricity price policy stipulated by the State, and the charging and replacement service fees shall be implemented by the local authorities in accordance with the principle of “having inclination and preferential treatment”. Government guides price management. Before 2020, all localities should actively reduce operating costs through financial subsidies and free allocation of electricity and facilities construction sites, and rationally formulate charging and replacing service fees, so that consumers can get more benefits and enhance the competitiveness of electric vehicles. In the future, according to market developments, charging and replacement service fees will gradually be formed through market competition.
The "Notice" also emphasizes that the power grid transformation cost of electric vehicle charging and replacing facilities should be included in the transmission and distribution price of power grid enterprises. Power grid enterprises should not charge for network connection and reduce the burden on electric vehicle users.
At present, adopting active policy measures to support the development of electric vehicles is of great significance to alleviating China's energy and environmental pressures. The issuance of the Notice will help reduce the cost of using electric vehicles and play an active role in encouraging consumers to purchase and use electric vehicles and promote the promotion and application of electric vehicles.

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