China: 49 Chinese EVs to be sales tax-exempt – report

Reuters and other media have carried reports that the Chinese government announced at the year-end that sales taxes on a total of 49 models of domestically-produced electric and fuel cell electric cars will be waived. Companies with vehicles set to have lower net prices as a result include BYD, GM-SAIC’s joint venture, Subscribe to Automotive World to … Continued

• By Webmaster
• January 6, 2012