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MIIT: Study, Specify Extension of Preferential NEV Purchase Tax ASAP
2022/01/19 07:08
2022 marks the crucial year for China's NEV uptrend and faster development, emphasized Xiao Yaqing, convener of the inter-ministerial joint conference on energy conservation and NEV industry development, and Minister of Industry and Information Technology. The country shall contribute to consumption ramp-up and industrial economy's stability.

On another note, Beijing aims to achieve peak carbon emission and carbon neutrality targets, while preparing a green development roadmap for the auto sector. It shall study and specify the extension of preferential NEV acquisition tax policies and other supportive policies as soon as possible.

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