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CAAM deputy secretary-general calls for China to phase out NEV tax incentives more gradually

CnEVPost

CAAM deputy secretary-general called for a 3 percent tax rate in 2026 and 7 percent in 2027, rather than the currently planned 5 percent rate for both years.
To mitigate potential impacts from the purchase tax incentive phase-out, companies including Nio, Li Auto, and Xiaomi have rolled out their measures.

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