Ministry of Finance Issued a Notice on the Subsidy Policy for Promoting New Energy Vehicles in 2022,
New Energy,

▍What is KC?

Since 25^th Aug., 2008，Korea Ministry of Knowledge Economy (MKE) announced that the National Standard Committee will conduct a new national unified certification mark — named KC mark replacing Korean Certification during the time between Jul. 2009 and Dec. 2010. Electrical Appliances safety certification scheme (KC Certification) is a mandatory and self-regulatory safety confirmation scheme according to Electrical Appliances Safety Control Act, a scheme which certified safety of manufacture and sale. 

The difference between mandatory certification and self-regulatory (voluntary) safety confirmation：

For the safe management of electrical appliances, KC certification is divided into mandatory and self-regulatory  (voluntary) safety certifications as the classification of danger of  product.The subjects of Mandatory certification is applied to electrical appliances which its structures and methods of application may cause serious dangerous results or obstacle such as fire, electric shock. While the subjects of self-regulatory (voluntary) safety certification is applied to electrical appliances which its structures and methods of application can hardly causes serious dangerous results or obstacle such as fire, electric shock. And the danger and obstacle can be prevented by testing the electrical appliances.

▍Who can apply for KC certification：

All legal persons or individuals both at home and abroad who are engaged in manufacturing, assembly, processing of electrical appliance.

▍Scheme and method of safety certification：

Apply for KC certification with product’s model that can be divided into basic model and series model.

In order to clarify model type and design of electrical appliances, an unique product name will be given according to its different function.

▍ KC certification for Lithium battery

1.  KC certification standard for lithium battery：KC62133:2019
2. Product scope of KC certification for lithium battery

A. Secondary lithium batteries for use in portable application or removable devices

B. Cell is not subject to KC certificate whether for sale or assembled in batteries.

C. For batteries used in energy storage device or UPS (uninterruptible power supply), and their power which is greater than 500Wh are beyond the scope.

D. Battery whose volume energy density is lower than 400Wh/L comes into certification scope since 1^st, Apr. 2016.  

▍Why MCM?

● MCM keeps a close cooperation with Korean labs, such as KTR (Korea Testing & Research Institute) and is able to offer the best solutions with high cost performance and Value-added service to clients from the point of lead time, testing process, certification cost.

● KC certification for rechargeable lithium battery can be gained by submitting a CB certificate and convert it into KC certificate. As a CBTL under TÜV Rheinland, MCM can offer reports and certificates which can be applied for conversion of KC certificate directly. And the lead time can be shortened if applying CB and KC at the same time. What’s more, the related price will be more favorable.

BSN (Indonesian National Standards has issued a Plan National Technical Regulation Program (PNRT) 2022. The safety requirement of portable power bank using lithium-based secondary battery as a power source will be included in the list of certification program.
Power bank certificate testing standard will regard SNI 8785:2019 Lithium-ion power bank-Part: General safety requirements as testing standard, which refers to IEC standard: IEC62133-2, IEC60950-1, IEC60695-11-10, IEC60730-1, IEC 62321-8 and Indonesian National Standards: SNI IEC 62321:2015, and the scope of application is power bank with output voltage is less than or equal to 60V and energy less than or equal to 160Wh.
In accordance with the decisions and arrangements of the Party Central Committee and the State Council, since 2009, the Ministry of Finance and relevant departments have vigorously supported the development of the new energy vehicle industry. With the joint efforts of all parties, our country’s new energy vehicle technology level has been continuously improved, product performance has been significantly improved, and the production and sales scale has ranked the first in the world for six years.
April, 2020, the four ministries (the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission) jointly issued the notice of improving the policies on Government Subsidies for Promotion and Application of New Energy Vehicles (Finance and Construction [2020] No. 86). “In principle, the subsidies for 2020-2022 shall be cut by 10%, 20% and 30%, eligible vehicles for public transportation. The official business of Party and government bodies shall not be reduced in 2020, but the reduced in 2021-2022 by 10% and 20% respectively from a year earlier. In principle, the subsidized vehicles shall be capped at roughly 2 million units per year. “In 2021, facing the adverse effects as the spread of the global epidemic and the shortage of chips, new energy vehicle industry still achieve substantial growth, and the industry is developing in a good trend. In 2022, the subsidy policy will continue to decline in an orderly manner according to the established arrangements, which create a stable policy environment. The four ministries recently issued the Notice, clarifying the relevant requirements of the financial subsidy policy.