Beijing will restore levies on mature battery products such as lithium-ion cells while exempting sodium-ion, solid-state and other emerging technologies
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China will reinstate a consumption tax on mature battery technologies, including lithium-ion batteries, while exempting emerging alternatives such as solid-state and sodium-ion batteries.
Starting Sept. 1, lithium-ion cells will be subject to a 2% consumption levy, marking another step toward equalizing the tax…
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