The Duck Curve#tax
China cuts EV export VAT rebate from 13% to 9% from April 2027
China's Ministry of Finance and State Taxation Administration will lower the export VAT rebate on new energy vehicles from 13% to 9% from April 1, 2027, covering electric-only and plug-in hybrid passenger vehicles, electric-only buses and goods vehicles, and electric short-distance tractors and carts.
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.