#tax

China starts taxing lithium-ion batteries at 2%, solar cells next

China began collecting a 2% consumption tax on lithium-ion, lithium primary, nickel-metal hydride, mercury-free primary, and vanadium flow batteries on September 1, 2026, returning to the statutory 4% on September 1, 2027, under a July 16 announcement from the finance ministry, customs, and tax administration. Solar cells join at 2% in April 2027; sodium-ion, solid-state, and fuel cells are exempt through 2028.

Sep 1, 2026