Do hybrid electric vehicles need to pay purchase tax?
1 Answers
Hybrid vehicles are exempt from vehicle purchase tax. According to the latest announcement from the Ministry of Finance, new energy vehicles are exempt from vehicle purchase tax. The types of new energy vehicles include pure electric vehicles, plug-in hybrid electric vehicles, and hydrogen fuel cell vehicles. It is advisable to consult in advance before purchasing. Hybrid vehicles are a combination of fuel engines and electric motors. The fuel engines use diesel or gasoline, and this type of vehicle belongs to the hybrid category. The electric motor is driven by batteries. These vehicles have excellent fuel efficiency and stronger driving performance. New energy vehicles use special license plates. Small and medium-sized vehicles use gradient green plates, while large vehicles use yellow-green dual-color plates. The version of the vehicle can be clearly distinguished from the license plate, thereby identifying the type of vehicle. Since new energy vehicles are not subject to traffic restrictions or license plate limitations, they can be easily distinguished.