China ranked first globally last year in sales of new energy vehicles, which include electric vehicles and hybrids, for the 11th year in a row. (Photo by Shizuka Tanabe)
SHIZUKA TANABE
October 1, 2026 06:38 JST
GUANGZHOU – China has begun to wind down its electric‑vehicle incentives, reinstating a consumption tax on lithium‑ion batteries in September and announcing that vehicle purchase tax exemptions will be phased out by 2028.
Also Read
- Trump administration files complaint against judges over media comments
- Timnit Gebru Awarded Prestigious Right Livelihood Award for Pioneering AI Bias Research
- Delta Mall Crash Kills Two, Injures Two Amid Suspected Medical Emergency
- U.K. sees ‘strong indications’ that Iran played role in air base incident