Cui Dongshu, Secretary General of the Passenger Transport Association, believes that the lithium battery consumption tax adjustment is a strong boost for automakers to make batteries, and is conducive to the expansion and strengthening of the Chinese automobile industry. My core judgment on this is that this policy adjustment means that the curtain of “equal rights for oil and electricity” has officially begun. From the halving of purchase tax, the abolition of vehicle and vessel tax exemptions, to the resumption of battery consumption tax, the “protection period” of tax benefits for new energy vehicles is being phased out in a phased and rhythmic manner. Fuel vehicles have long been responsible for full vehicle shipping tax and fuel tax, while hybrid, extended-range, and new energy commercial vehicles have enjoyed tax exemption dividends, creating a loophole where “they have emissions, use roads, and get benefits but don't bear the tax burden”. Equal rights for oil and electricity are not “one-size-fits-all” equalization; instead, an automobile tax system with matching rights and responsibilities and fair tax burdens is established based on technical attributes, emission characteristics, and usage scenarios.

Cui Dongshu, Secretary General of the Passenger Transport Association, believes that the lithium battery consumption tax adjustment is a strong boost for automakers to make batteries, and is conducive to the expansion and strengthening of the Chinese automobile industry. My core judgment on this is that this policy adjustment means that the curtain of “equal rights for oil and electricity” has officially begun. From the halving of purchase tax, the abolition of vehicle and vessel tax exemptions, to the resumption of battery consumption tax, the “protection period” of tax benefits for new energy vehicles is being phased out in a phased and rhythmic manner. Fuel vehicles have long been responsible for full vehicle shipping tax and fuel tax, while hybrid, extended-range, and new energy commercial vehicles have enjoyed tax exemption dividends, creating a loophole where “they have emissions, use roads, and get benefits but don't bear the tax burden”. Equal rights for oil and electricity are not “one-size-fits-all” equalization; instead, an automobile tax system with matching rights and responsibilities and fair tax burdens is established based on technical attributes, emission characteristics, and usage scenarios.