China introduces consumption tax on lithium-ion batteries
Reported byElectrive ↗·Sourced by Goodlede
China ended an 11-year tax exemption for lithium-ion batteries effective September 2026, introducing a 2% consumption tax (rising to 4% in 2027). Simultaneously, sodium-ion and solid-state batteries remain exempt until end of 2028, incentivizing next-generation battery technology adoption as NEVs now account for 54% of new passenger car registrations in China.
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