Beijing's new consumption tax on solar cells and lithium batteries ends an 11-year exemption, driving stock rallies and reshaping energy markets that affect

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.