China to scrap tax breaks for NEVs and energy-saving vehicles from 2027

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Source: South China Morning Post
Published: 2026-07-04 00:16 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Asia, Energy, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Announcement by central government ministries extends the withdrawal of incentives for new-energy vehicles and energy-saving cars
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