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China extends EV tax exemptions totaling $72 billion through 2027, the largest tax break to date

Electrek

China’s Ministry of Finance has confirmed that tax exemptions for New Energy Vehicles (NEVs) scheduled to expire at the end of this year have been extended through 2027. Consumers in China will now be able to take advantage of EV tax breaks amounting to over $4,000 per vehicle to start, which will dwindle down over the next four years.

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EV tax credit rules get extension in big win for automakers

Teslarati

The electric vehicle tax credit rules got an extension on Friday as the U.S. Department of the Treasury will allow some crucial trace minerals from China to be included in anode materials and battery components to be exempt. The post EV tax credit rules get extension in big win for automakers appeared first on TESLARATI.

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China and EV tax credit, EV affordability and battery materials, 2024 finalists: Today’s Car News

Green Car Reports

Fewer EVs with connections to China may soon be tax-credit-eligible. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable. And which of this year’s new EVs are the best? This and more, here at Green Car Reports.

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BYD chairman calls on China to extend NEV tax exemption until 2025

CN EV Post

| BYDDY.US | BYD HK (Image credit: CnEVPost) China's purchase tax exemption for new energy vehicles (NEVs) expired at the end of last year and has been extended until the end of this year. Before 2023, China's policies to support the NEV industry include purchase subsidies as well as exemptions from purchase taxes.

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NIO EC7, new ES8, ES6 enter China's purchase tax exemption catalog, range info revealed

CN EV Post

China's industrial regulator has released the latest list of new energy vehicles exempted from vehicle purchase tax, including the NIO ES7, the new ES8 and the new ES6, which has not yet been officially launched. For more articles, please visit CnEVPost.

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China to extend purchase tax exemption for NEVs, says top govt meeting

CN EV Post

China's policy of exempting NEVs from purchase taxes has been extended several times over the years. The post China to extend purchase tax exemption for NEVs, says top govt meeting appeared first on CnEVPost. For more articles, please visit CnEVPost.

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China waives about $6 billion worth of NEV purchase taxes in Jan-July

CN EV Post

China's policy is expected to exempt about RMB 100 billion of NEV purchase taxes next year. The post China waives about $6 billion worth of NEV purchase taxes in Jan-July appeared first on CnEVPost. For more articles, please visit CnEVPost.

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