Notice on vehicle and vessel tax reduction for energy saving and new energy automobiles

On 1st January 2012 the Chinese Ministry of Finance and Ministry of Industry and Information Technology notified that they will halve vehicle and vessel taxes on the energy saving vehicles and that new energy saving vehicles (including battery electric vehicles, plug-in hybrid electric vehicles and fuel cell vehicles) are exempted from vehicle and vessel tax entirely and released a list of eligible vehicle models. The policy and the list of eligible vehicle models has since been renewed and updated, including in particular in 2018 and 2022 with further specification and stringency on vehicle eligibility. 

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