China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
Reuters
Aug 22, 2022, 12:55 AM

China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023, creating tax cuts worth a total of 100 billion yuan, state media Xinhua quoted cabinet meeting as saying on Friday.
Latest News
car&bike Team | May 25, 2026Petrol, Diesel Dearer By Almost Rs 3; Prices Hiked For Fourth Time In 11 DaysSince May 15, prices of petrol and diesel have been hiked by over Rs 7 per litre.1 min read
Jaiveer Mehra | May 24, 20262026 Tata Tiago EV Facelift Interior Revealed; Gets New Dash, 360 Deg Cameras, Rear AC VentsJust a day after unveiling the cabin for the upcoming facelifted ICE Tiago, we get a look at the cabin of its EV sibling.1 min read
car&bike Team | May 24, 2026Maruti Suzuki To Unveil Flex-Fuel Vehicle On June 5: Nitin GadkariThe Minister of Road Transport and Highways said that the vehicle would be unveiled on World Environment Day and would run on 100 per cent ethanol.2 mins read
car&bike Team | May 23, 2026BMW M 1000 RR Isle of Man TT Edition Revealed: Limited To 115 UnitsThe M 1000 RR Isle of Man TT Edition has been unveiled to mark the 115th running of the legendary road race.2 mins read
car&bike Team | May 23, 20262026 Tata Tiago Facelift Interior RevealedTata Motors has revealed the redesigned cabin of the 2026 Tiago ahead of its May 28 launch.1 min read
Seshan Vijayraghvan | May 22, 2026BMW X6 M60i xDrive Coupe SUV Bookings Open Ahead Of LaunchThe BMW X6 coupe SUV returns to India after 3 years, and like before, the coupe SUV will arrive as a completely built-up unit (CBU).1 min read
Bilal Firfiray | May 25, 2026Renault Duster 1.3 Turbo DCT Road Test Review: The Solid Middle GroundMarking its return, the Renault Duster offers a strong ride quality, a refined 1.3 turbo-petrol engine, balanced handling and lot more impressive cabin. Should you buy it though?5 mins read
Preetam Bora | May 23, 20262026 Harley-Davidson X440T Road Test Review: Did Harley Just Fix Everything?We spent a few days with the Harley-Davidson X440T to understand if Harley-Davidson India has managed to fix all the shortcomings of the standard X440!1 min read
Janak Sorap | May 20, 2026Norton Manx R First Ride Review: Brit Superbike Killer?The Norton Manx R is not just another 200 bhp superbike chasing lap times — it is a motorcycle that tries to bring character, exclusivity and real-world usability back into the superbike experience.8 mins read
car&bike Team | May 20, 2026Axor Brutale Surges Dual Spoiler Helmet Review: Best Of Both WorldsThe Axor Brutale Surges Dual Spoiler Helmet promises a strong mix of everyday comfort and track-focused safety. But does it? Let's find out.5 mins read
Preetam Bora | May 11, 20262026 Suzuki Burgman Street 125 Review: What’s Good, What’s Not?The new Suzuki Burgman Street 125 gets refreshed design, minor but meaningful tweaks to the engine, a stiffened chassis, new features and more. But is it worth recommending? Read on, to find out.8 mins read


















































































































