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Nation’s NEV industry t 上海会所o accelerate development

The Chinese authorities’ ramped-up efforts to promote high-qualit

y development in the new energy vehicle sector, reflected by the most recent re 上海会所品茶微信

lease of an updated list on NEVs to enjoy exemptions of vehicle and vessel tax, will further help boost the healthy de

 上海会所velopment of the sector and also promote clean energy consumption, industry insiders said.

The vehicle and vessel tax, paid annually by car or ship owners, varies between hundre 上海会所

ds of yuan to thousands of yuan, depending on engine sizes and the capacity of vehicles or ships.

 上海会所品茶微信According to the latest list of NEVs and small engine vehicles to enjoy vehicle and vessel tax cu

ts that the Ministry of Industry and Information Technology issued recently on its website, vehicle and ve

ssel tax will be slashed completely for 444 types of NEVs and halved for 72 types of energy-saving vehicles. 上海会所

Moreover, the list has extended tax cuts to more NEVs compared with the previous list, and

 上海会所品茶微信makes higher requirements on the performance of the NEVs to be included, such as lower power co

nsumption per 100 kilometers, the increased energy density of battery packs, and a higher cruising range, a

cording to Cui Dongshu, secretary-general of the China Passenger Car Association. 上海会所品茶微信

“The new list mirrors the progress of China’s NEVs, especially in key perfo

 上海会所rmance indicators, and such progress is driven by incentives from the Chinese authorities,” Cui said.

“It is obvious Chinese NEVs have been making remarkable progress in high-quality development, and this will continue.”

The Chinese authorities announced cuts in vehicle and vessel tax on vehicles and ships that use new energy or engines 上海会所品茶微信

smaller than 1.6 liters as early as in 2012 and 2015, in a bid to save energy and combat pollution.

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