Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension
Teslarati
AUGUST 1, 2022
Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).
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