Policy
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Nio gains, Tesla loses as China unveils new policy for subsidies
China today extended the financial subsidy policy of new energy vehicles to the end of 2022 and eased the intensity and pace of subsidy withdrawal.
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China extends new energy vehicle subsidy to end of 2022
Chinese regulators issued a notice today saying that the implementation period of the new energy vehicle promotion and application of financial subsidy policies will be extended to the end of 2022.
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China exempts purchase tax for new energy cars in next two years
China's Ministry of Finance said today that from January 1, 2021 to December 31, 2022, new energy vehicles purchased will be exempt from vehicle purchase tax.
