Is the Purchase of New Energy Vehicles Exempt from Vehicle Purchase Tax?

[VanVanessa]

Purchase of new energy vehicles is exempt from vehicle purchase tax. The new energy vehicles that are exempt from purchase tax include pure electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles that are licensed for sale in China. Vehicle purchase tax is a type of tax levied on units and individuals who purchase specified vehicles within China, which evolved from the vehicle purchase surcharge. New energy vehicles refer to vehicles that use unconventional vehicle fuels as power sources or use conventional vehicle fuels with new types of on-board power devices, integrating advanced technologies in vehicle power control and driving, resulting in advanced technical principles and featuring new technologies and structures.