Chinese authorities are extending the current range of tax credits for purchases of new fully-electric or plug-in hybrid vehicles until December 2023, local media outlets reported on Friday, following a cabinet meeting chaired by Premier Li Keqiang. The central government expects the move to provide total tax relief of RMB 100 billion ($14.6 billion) and boost large-ticket purchases, the reports said. However, Beijing still plans to phase out direct incentives for EV purchases by year-end. [National Business Daily, in Chinese]
0 Commentaires