China Lowers Luxury Car Tax Threshold to $125,000, NEVs Included
China has revised ultra-luxury vehicle tax thresholds, lowering the limit to $125,000 and expanding it to include NEVs. This aims to balance consumption and tax revenue.
Latest in EV news, technologies, data and insights from China market
China has revised ultra-luxury vehicle tax thresholds, lowering the limit to $125,000 and expanding it to include NEVs. This aims to balance consumption and tax revenue.
The new smart #3 BRABUS version features a dual-motor all-wheel-drive system, a sport-tuned chassis, and launch control, enabling 0–100 km/h acceleration in just 3.6 seconds.