ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

China moves to promote auto sales after June rebound

Government weighs extending EV tax break and pushes for more charging stations

A Volkswagen dealer in Chongqing promotes a break on auto purchase taxes. (Photo by Shunsuke Tabeta)

BEIJING -- China on Thursday laid out plans to encourage purchases of electric and other vehicles, building on a recovery in June that brought the first year-on-year rise in new-car sales in four months.

A notice issued by 17 government bodies, including the commerce and industry ministries, banned regional authorities from favoring locally made autos in their sales subsidy lists. The aim is to ensure that the effects of subsidies for electric and other new-energy autos spread nationwide.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more