Mainland China plans to withdraw tax exemptions from certain EV categories
The mainland Chinese government will also abolish a policy that halves vehicle and vessel taxes for energy-saving vehicles
Mainland China plans to scrap vehicle and vessel tax exemptions for several categories of new-energy vehicles (NEVs) from Jan. 1, 2027, marking a further reduction in policy support as electric vehicle adoption surpasses half of new car sales in the world's largest auto market.
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