Is There a Purchase Tax for New Energy Sedans?

[SerenityMarie]

According to the "Announcement on Exempting New Energy Vehicles from Vehicle Purchase Tax," from January 1, 2018, to December 31, 2020, new energy vehicles purchased are exempt from vehicle purchase tax. Vehicles exempt from purchase tax include pure electric vehicles, plug-in (including range-extended) hybrid vehicles, fuel cell vehicles, etc. Below is relevant information about new energy vehicles: 1. Pure electric vehicles, plug-in (including range-extended) hybrid vehicles, and fuel cell vehicles that are licensed for sale in China. 2. Compliance with the technical requirements for new energy vehicle products. 3. Passing the special inspection for new energy vehicles and meeting the special inspection standards for new energy vehicle products. 4. New energy vehicle manufacturers or importers must meet relevant requirements in product quality assurance, product consistency, after-sales service, safety monitoring, and power battery recycling.