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Tuesday 26 December 2023
China's micro EVs doomed by updated purchase tax exemption rules
The Chinese government recently revised the eligibility for EVs to be exempted from the purchase tax. The new rules require the vehicles to offer a longer driving range and higher...
Monday 24 April 2023
With continued automobile price cuts in China, micro EV market faces depreciation crisis
Chinese new energy vehicle (NEVs) price cuts have continued to rage on, which in turn has affected the sales situation of micro EVs. Suppliers in China's automotive supply chain stated...