China is gradually phasing out tax incentives for electric cars and batteries. Since September, the previously announced consumption tax on lithium-ion

China has begun taxing lithium-ion batteries at 2% from Sept. 1, 2026, ending a decade-long exemption; the rate will rise to 4% in September 2027, while emerging technologies such…

China is gradually phasing out tax incentives for electric cars and batteries. Since September, the previously announced consumption tax on lithium-ion