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Tax break for new-energy vehicles

By Li Fusheng | China Daily | Updated: 2014-07-14 07:03

Hybrid, fuel cell and EVs get exemption

When the State Council recently announced new-energy vehicles are exempt from purchase taxes from Sept 1 to the end of 2017, it was another boost to the industry as automakers, various levels of government and power suppliers gear up to do their part.

Tax-exempt vehicles include all-electric cars, plug-in hybrids and fuel cell vehicles.

Tax break for new-energy vehicles

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