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21 Jun
07:58

China extends NEV sales incentive

The Chinese government has announced a two-year extension of the new energy vehicle acquisition tax exemption policy, for tax below CNY 30,000 ($4,169.88) per vehicle, Kallanish learns.  On 21 June, China's Ministry of Finance, State Taxation Bureau, and Ministry of Industry and Information Technology jointly released an announcement on the two-year extension of the NEV acquisition tax exemption from next year.  In addition, for NEVs purchased betwe…
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