China will end the tax exemption for lithium-ion batteries that has been in place since 2015. From September, the country will levy a consumption tax on

Combined with stricter energy efficiency standards, the new measure signal Beijing’s push to reduce overcapacity, promote advanced technologies, and favor more competitive,…

China is ending a 10-year consumption tax exemption on lithium batteries (2% from September, 4% from 2027) and solar cells. Sodium and solid-state stay exempt.