CnEVPost Newsletter: China extends NEV purchase tax breaks for 4 years

Jun 21, 2023

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China extends NEV purchase tax breaks for 4 years

China will exempt the purchase tax on NEVs with a purchase date between January 1, 2024, and December 31, 2025, but the tax exemption will not exceed RMB 30,000 yuan ($4,170) per vehicle.

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