China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023
By Reuters
Published on August 22, 2022
Follow us on
Highlights
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023, creating tax cuts worth a total of 100 billion yuan, state media Xinhua quoted cabinet meeting as saying on Friday.
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News
Related Articles
New BMW X3 LWB Debuts With Added Rear Seat Space
Audi And SAIC Extend Partnership In China, To Develop Bespoke Platform For EVs
Audi Q6 L e-tron Unveiled: Gets Longer Range And Wheelbase
Protesting Tesla China Buyers Vow More Pressure Over Price Cuts They Missed
UAW Calls On Automakers To Move Supply Chain Out Of Xinjiang Region
Latest News
Mahindra XUV700 AX7 & AX7 L Prices Hiked By Up To Rs 50,000
2025 BMW M5 Launched In India At Rs 1.99 Crore
Mahindra BE 6E, XEV 9E To Be Available With Two LFP Battery Options
Royal Enfield Goan Classic 350 vs Classic 350: Differences Explained
Hyundai Ioniq 9 Electric SUV Revealed: 3 Rows Of Seats, 620 Km Range
Honda’s Electric Scooter For India To Feature Two Swappable Batteries
Royal Enfield Goan Classic 350: In Pictures
Royal Enfield Goan Classic 350 Unveiled; Launch On November 23
Stellantis Unveils New STLA Frame Architecture For Body-On-Frame SUVs, Pick-Up Trucks
Brixton Cromwell 1200, Cromwell 1200 X: In Pictures
- Home
- News
- Auto Industry
- China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
