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Home>UPDATE: China to offer electric-car tax break; Tesla may benefit

UPDATE: China to offer electric-car tax break; Tesla may benefit

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Fri, 11 Jul 2014

HONG KONG (MarketWatch) -- China's central government said Wednesday it planned to exempt electric and fuel-cell cars sold in mainland China from sales tax, starting Sept. 1 and running until the end of 2017, the state-run Xinhua News Agency reported. The tax benefit would cover electric vehicles,
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