China Phases Out Vehicle Tax Exemptions for Some NEVs Starting 2027中国2027年起取消部分新能源汽车车船税豁免
S 2.3T21 sources1 个来源R2-regulatory
China will scrap vehicle tax exemptions for plug-in hybrid vehicles, battery electric commercial vehicles, and fuel cell commercial vehicles from January 1, 2027.
Battery electric passenger cars and fuel cell passenger cars remain exempt from taxation as they lack engine displacement and fall outside the tax law's scope.
The policy adjustment reflects the government's decision to scale back NEV tax incentives as market penetration reaches record highs, with the halved-tax policy for energy-saving vehicles also being canceled.