Over 90% of China's new energy vehicles eligible for tax breaks under new norms

Over 90% of China's new energy vehicles eligible for tax breaks under new norms

A staff member hooks up a charging cable to an electric vehicle (EV) at a charging station in Liuzhou, Guangxi Zhuang Autonomous Region, China July 31, 2017. REUTERS/Stringer/File Photo

More than 90% of China’s existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical requirements unveiled on Monday, China’s industry ministry said.

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