China exempts NEV purchase tax until end of 2023, maintaining incentives in market

Peng Chen, DIGITIMES Asia, Taipei Monday 22 August 2022 0

Credit: DIGITIMES

China has decided to extend the new energy vehicle (NEV) purchase tax exemption to the end of 2023 after expressing the intention to do so three weeks ago. Since another existing subsidy program is set to terminate on December 31 this year, industry...

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