• China halves purchase tax on mainstream ICE vehicles for rest of the year EV Industry

    China halves purchase tax on mainstream ICE vehicles for rest of the year

    The purchase tax will be cut in half for passenger cars of 2.0 liters and below with a purchase date between June 1 and December 31 and with a price not exceeding RMB 300,000.

    May 31, 2022 4:21 pm
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