Home / Metal News / Precious Metals / MIIT cancels preferential tax for 72 NEVs
MIIT cancels preferential tax for 72 NEVs
Mar 27,2019 11:12CST
industry news
Source:SMM
They were withdrawn from the catalogue of cars exempt from vehicle purchase tax

SHANGHAI, Mar 27 (SMM) – Seventy-two models of new energy vehicles (NEVs) were withdrawn from the catalogue of cars exempt from vehicle purchase tax, said the Ministry of Industry and Information Technology (MIIT) on its website on Tuesday March 26. 

Thirty-eight carmakers, including BAIC Group, BYD, Dongfeng Motor, and Lifan Group, were involved in the adjustment.

No production or sales were registered for the 72 models over the past 12 months, since the 16th edition of the list was released in February 2018. 

Market commentary
New Energy Vehicle
NEV

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news