The Chinese government recently revised the eligibility for EVs to be exempted from the purchase tax. The new rules require the vehicles to offer a longer driving range and higher...

To boost its domestic new energy vehicle (NEV) sales, China announced on June 21 that it will again extend the purchase tax exemption to the end of 2027. However, the government will...

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...