Guangzhou Limit Order Rules: Environmental Protection / Yaohao / Bidding Ratio 1:5:4

On the evening of the 31st, the leading team of the Guangzhou Municipal Transportation Work Team issued a trial method for the “limitation of orders” to adjust the incremental allocation indicators for automobiles. The Yaos and auctions each accounted for half of the time, and they were adjusted to the new allocation model of “environmental friendly Yaohao bidding”. 1:5:4.

After 20 days of public consultation, the "Trial Regulations on the Management of the Total Size of Guangzhou Passenger Cars" was formally introduced today. The "Trial Measures" will be implemented from August 1 and will be valid until June 30, 2013.

The "Trial Measures" innovatively proposed a new incremental indicator allocation model for the "Environmental Environmental Yaohao Auction" with an allocation ratio of 1:5:4. In other words, within the period of one year of implementation, the city’s mid- and small-sized passenger vehicles will have an increase of 120,000, which will be allocated according to the ratio of 1:5:4. That is, 12,000 new energy vehicles will be allocated with a shake sign and 60,000 The increment index of ordinary vehicles is configured by the way of the tremolo and the increment index of 48,000 ordinary vehicles is configured by bidding.

The Guangzhou Transportation Work Leading Group Office stated that the new "distribution" model is conducive to the realization of low-carbon environmental protection, social fairness, and solving the rigid demand of the three win-win situation.

According to the "Trial Measures," new energy vehicles purchased after July 1 and hybrid vehicles with a fuel saving rate of over 20% will be subsidized by the municipal government at the rate of 10,000 yuan per vehicle and may apply for a shake. Unsuccessfully allocated energy-saving and new-energy vehicles will be re-adjusted to include the increment index of ordinary vehicles into the Yaohao, thus increasing the number of new energy vehicles in the lottery.

The "Trial Procedures" also made it clear that ordinary vehicle indicators are used for medium-sized and minivans and small passenger vehicles with a displacement of no more than 2.5 liters. At the same time, in order to increase the applicant’s shakeup rate, units and individuals can only choose to participate in environmental protection, shake, or bid in one direction to obtain indicators.

At 0:00 on August 1st, an appointment can be made online or by telephone to apply for the quota number indicator at 24 service windows in the city. Units and individuals that have applied for success before 24 o'clock on August 8th will participate in the first shake or bid.

In addition, the "Trial Measures" also stipulates that the stock of used small and medium-sized passenger cars before 0:00 am on July 1 this year will be available for direct registration of vehicle transfers before March 31, 2013. This move resulted in an eight-month transition period for second-hand car inventory sales, which could prevent the used car market from driving up prices.

Prior to June 30, the Guangzhou Municipal Government had announced that it would try to control the total amount of small and medium passenger buses throughout the city (ie, "limitation order"); on July 10th, it will issue "Implementation Rules" and conduct trials for one year in the "limited license" of automobiles. During the period, the city’s 120,000 increment quota quotas for small and medium-sized passenger cars were allocated in the form of “gratis shakes” and “paid auctions” in proportions of 50% each.

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