China extends NEV purchase tax waiver until end of 2023

China will extend the new energy vehicle (NEV) purchase tax exemption to the end of 2023, according a State Council executive meeting.

In the first seven months of 2022, the country's NEV purchase tax relief amounted to RMB40.68 billion (USD5.Asian Metal Copyright1% year on year, according to data released by State Taxation Administration on August 31.Asian Metal Copyright89 billion), a 108.Asian Metal Copyright89 billion, a 108.Asian Metal Copyright5% increase from the comparable period of last year, including RMB7.Asian Metal CopyrightChina will extend the new energy vehicle NEV purchase tax exemption to the end of 2023, according a State Council executive meeting.Asian Metal Copyright17 billion (USD1.Asian Metal Copyright17 billion USD1.Asian Metal Copyright04 billion) in July, up by 119.Asian Metal Copyright1% year on year, according to data released by State Taxation Administration on August 31.Asian Metal Copyright1% year on year, according to data released by State Taxation Administration on August 31.
.Asian Metal Copyright1% year on year, according to data released by State Taxation Administration on August 31Asian Metal Copyright