Is Purchase Tax Required for New Energy Vehicles?
2 Answers
Purchasing new energy vehicles does not require payment of purchase tax, but the following conditions must be met: Licensed Vehicles: Pure electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles licensed for sale in China. The power batteries used must not include lead-acid batteries. Conventional Fuel Consumption Limit: The comprehensive fuel consumption of plug-in hybrid commercial vehicles (excluding fuel consumption converted from electricity) must be less than 60% of the corresponding limit in the current national standard for conventional fuel consumption. Passing Inspection: The vehicles must pass the special inspection for new energy vehicles and meet the standard requirements for new energy vehicles.
I just bought a new energy vehicle, and it’s so hassle-free! The national policy exempts new energy vehicles from purchase tax, and this policy will continue until 2027. This means when you buy a pure electric or plug-in hybrid car, you don’t have to pay the 10% vehicle price tax. For example, I chose a car priced at 180,000 yuan, which originally required a tax payment of 18,000 yuan, but now it’s completely waived. The money saved is enough to cover years of charging. The government is doing this to promote eco-friendly travel—every new energy vehicle purchased contributes to emission reduction, and it’s also wallet-friendly for us. I recommend checking the latest policy updates before buying a car to ensure you enjoy the benefits. Acting early might also help you qualify for other subsidies, such as charging incentives or local benefits—don’t miss the opportunity!