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New Energy Vehicles Hit a Consumption High, With Purchase Tax Cut to Half from Full Exemption Next Year
1 day ago /
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Author：小编
Beginning January 1st of the coming year, China will modify its purchase tax policy for new energy vehicles, shifting from a complete exemption to a 50% reduction. Lately, propelled by the upcoming tax adjustment and the typical year-end sales surge, the new energy vehicle market has experienced a notable uptick in consumer activity. A particular car dealership in Haikou, Hainan Province, has been buzzing with activity. The dealership manager noted that the convergence of the policy change and the end-of-year sales peak has led to a substantial increase in both customer foot traffic and order volume compared to regular days.
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