Currently reading: China introduces £56.5bn tax-relief package for electrified cars

Electric and plug-in-hybrid cars will be exempted from a 10% sales tax in 2024 and 2025 to boost sales

The Chinese government has moved to further bolster sales of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) with the announcement of a ¥520 billion (£56.5bn)

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