China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
Reuters
Dec 01, 2022, 04:04 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 | Jan 26, 2026India-EU Trade Deal: List Of Cars Likely To Get More Affordable In IndiaThe soon to be announced India-EU Trade Deal is likely to reduce import duties on cars made in Europe. We list down some popular names likely to get more affordable.1 min read
car&bike Team | Jan 26, 2026Import Duty On Cars Likely To Be Slashed To 40% Under India-EU FTA: ReportAs per a Reuters report, the reduced import duty could be applied to all vehicles priced over 15,000 euros (Rs 16 lakh approx).1 min read
car&bike Team | Jan 26, 2026New Renault Duster To Make India Debut Today: What To ExpectThe latest generation of one of Renault India's most successful nameplates will also be the French carmaker's first all-new product for India in five years.3 mins read
car&bike Team | Jan 26, 2026No Fastag Annual Pass For Three Row Cars? NHAI ClarifiesThe National Highway Authority of India (NHAI) has issued a clarification regarding usage of Fastag annual pass for 6/7 seater vehicles1 min read
Shams Raza Naqvi | Jan 23, 2026Toyota Urban Cruiser Ebella Vs Maruti Suzuki e Vitara: What’s Different?Now that Toyota has unveiled on its first EV for India we compare it to the Maruti Suzuki e Vitara on which the SUV is based.1 min read
Jaiveer Mehra | Jan 23, 2026Mahindra Thar Roxx Star Edition Launched At Rs 16.85 LakhSpecial edition of the Thar Roxx gets new Citrine Yellow paint option and blacked-out cosmetic elements.1 min read
Bilal Firfiray | Jan 21, 2026Tata Punch Facelift Review: New Turbo Engine; Same Old SoulWith the update, the Tata Punch facelift retains its character of being a healthy runabout, which is perfect for Indian roads. But have these changes made it any better?7 mins read
Amaan Ahmed | Jan 17, 2026Bajaj Chetak C25 First Ride Review: Basic, Likeable E-Scooter For First-Time RidersThe Chetak C25, in quite a few ways, is poles apart from the larger and more powerful 30 and 35 Series models, but in its mannerisms, it is very much a Chetak.8 mins read
Bilal Firfiray | Jan 9, 2026Toyota Urban Cruiser Hyryder: 10,000 km Long-Term ReviewAfter spending over three months and 10,000 km with the Toyota Urban Cruiser Hyryder Hybrid, we were impressed by its real-world mileage, seamless hybrid, practical comfort, and Toyota reliability. Is it the best C-SUV then?5 mins read
Seshan Vijayraghvan | Jan 8, 20262026 Mahindra XUV 7XO Review: Big On Tech, Bigger On ComfortThe new Mahindra XUV 7XO is flashier, feature packed, and comes with more advanced tech. But are the changes just incremental or actually substantial?1 min read
Preetam Bora | Jan 10, 2026Simple One Gen 2 First Ride Review: 265 km Claimed Range!The Gen 2 model of Simple Energy’s first electric scooter gets a fair few updates, including new features, tech, more range and lighter weight. We spent a couple of hours with the Simple One Gen 2 to find out if it manages to impress.6 mins read

















































































































