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China exempts plug-in vehicles from annual taxes

by Eric Loveday (RSS feed) on Jun 27th, 2011 at 9:03AM

Governments here in the States have stepped up by offering some significant incentives for purchasing green vehicles. Buyers across the country can get up to $7,500 off a plug-in vehicle, thousands back on hybrids and even deeper discounts in some states thanks to additional rebates. Though incentives here are strong, China is about to take this green vehicle incentive thing to another level. In a draft of its 2012 regulations for alternative fuel vehicles, the Chinese government will exempt plug-in vehicles from annual taxes in starting in 2012, according to China Daily. Furthermore,... Read More

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