China’s NEV export rebate cut puts budget EV makers under margin pressure

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 14 Oct, 01:13 UTC

China will reduce its export tax rebate for new energy vehicles (NEVs) from 13% to 9% on April 1, 2027, increasing cost pressure on automakers, particularly those selling lower-priced models with thin profit margins. The Ministry of Finance and State Taxation Administration announced the…

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Sources

• T2China’s NEV export rebate cut puts budget EV makers under margin pressureJP/KR/TW: Korea Herald / Taipei Times / DigiTimes14 Oct, 01:13