In an effort to foster the adoption of more electric vehicles, China has announced that all electric, hybrid and fuel cell vehicles will be exempt from the purchase tax until 2017. Currently China’s car buyers have been slow to adopt electric and hybrid vehicles because of the higher prices and charging infrastructure, but the Chinese government hopes that the new tax cut will make them more attractive.
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Post tags: bmw i3, chevy, chevy volt, china, electric cars, electric motor, electric vehicle, fuel cell cars, green car, green transportation, hybrid cars, lithium ion battery, tesla, tesla model-s
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