Chery Chinese Purchase Tax 
Baua Electric
MAY 7, 2024
Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade.
EV Central
JANUARY 6, 2024
At that price it just sneaks in under the government’s FBT exemption, which allows for electric cars below $89,332 to pay no fringe benefits tax when purchased via a novated lease. Chery Omoda 5 EV Chery Omoda 5 EV. The Chinese-owned British brand made a big EV impact in 2023 with the excellent MG4.
Baua Electric
FEBRUARY 6, 2024
The US has imposed extra tariffs on Chinese EVs since 2019, with US officials having long warned that China poses a threat in data security, and the new measure could have broad implications across a number of industries, the report said. Meanwhile, the Chinese military steers clear of Tesla vehicles for the same reasons.
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