On July 9, Premier Li Keqiang chaired an executive meeting of the State Council, which decided that from September 1, 2014 to the end of 2017 three categories of new energy vehicles would be exempt from vehicle purchase tax; on the 13th of the same month, the National Government Offices Administration, the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industry and Information Technology and the National Development and Reform Commission jointly published the Implementation Plan for Government Agencies and Public Institutions to Purchase New Energy Vehicles, stating that by 2016 central government agencies and the government agencies and public institutions of cities included in the new energy vehicle promotion and application program must buy new energy vehicles accounting for no less than 30% of the total vehicles procured and renewed that year, with the proportion rising year by year. These favorable policies for the new energy vehicle sector will greatly stimulate the consumer side and drive up both the sales and the pace of popularization of new energy vehicles.
As a very important component of an automobile, lubricating oil plays a vital role in the overall operation of the vehicle. However, engines using different fuels require different lubricants, and the gradually popularizing new energy vehicles need purpose-made lubricants. For vehicles with engines that use LPG or CNG together with gasoline or diesel — such as gasoline/compressed natural gas dual-fuel cars and gasoline/liquefied petroleum gas dual-fuel cars — the lubricant must not only have the performance of both gasoline engine oils and diesel engine oils but also take into account the characteristics of using LPG and CNG.
As a well-known domestic brand, after years of intensive cultivation Kunlun Lubricants has long since developed professional products such as gas and gas/gasoline engine oils, passenger-car gas engine oils, gas engine oils specially for buses, and ethanol and methanol gasoline engine oils. The Kunlun Tianrun KR6-G high-performance clean fuel engine oil, which was repackaged, upgraded and launched in April this year, is designed specifically for CNG, LPG or dual-fuel passenger-car engines and meets and satisfies the needs of the market and consumers. Tianrun KR6-G offers stronger anti-wear performance, better high-temperature lubricity, detergency and dispersancy, and excellent high- and low-temperature performance; it effectively reduces engine wear and sludge formation, giving comprehensive protection for new energy vehicles.
Kunlun Lubricants' attention to and R&D on lubricants dedicated to new energy vehicles goes back a long way. As early as 2006, Kunlun Lubricants cooperated with the Jichai Power General Plant of CNPC to develop and produce stationary gas engine oils and dual-fuel engine oils based on the lubrication requirements of gas engines; in 2011, Kunlun Lubricants and Shanghai Jiao Tong University jointly initiated the establishment of a joint laboratory for automotive lubricant research, focusing on the R&D of lubricants for new energy vehicles (electric vehicles) and committed to generating independently innovated scientific and technological results and their market application.
Today, new energy vehicles have become an important direction for the domestic auto industry, and their development also places higher demands on lubricant technology and efficiency. As a leading enterprise in China's lubricant industry, Kunlun Lubricants has always been committed to digging deep into its own capacity for technical breakthroughs and transformation, helping to bring on the era of new energy vehicles.



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