As sales of conventional vehicles fall, policymakers are searching for new ways to replace revenue generated from a tax on fuel
00:00/00:00
您的浏览器不支持 audio 标签。
Listen to this article
1x
Domestic sales of gasoline cars fell 39% from a year earlier in May, according to the China Passenger Car Association, reducing their market share to a record low 37.1%. Photo: VCG
Beijing wants to encourage new-energy vehicle adoption, but the transition is driving demand for auto tax reform
China needs to raise taxes to meet a soaring roadworks bill, as the country’s roads groan under the weight of millions of…
BEIJING, June 22 — China’s transition to electric vehicles has become one of the country’s most celebrated industrial…
The policy shift, effective in 2027, aims to replenish municipal coffers and reform a tax system strained by the country’s rapid…
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even…
The downturn comes after policymakers reduced trade-in subsidies and ended a decade-long tax exemption
China’s EV boom is cleaning the air, and may have prevented 260,000 deaths
