Car and ship tax collection policies will be adjusted next year, and the focus of new energy vehicles development will shift.

date
09/07/2026
The Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology recently issued the "Announcement on Adjusting the Preferential Tax Policies for Energy-saving Vehicles and New Energy Vehicles", specifically stating that starting from January 1, 2027, the policy of halving the vehicle and vessel tax on energy-saving vehicles will be cancelled, as well as the policy of exempting vehicle and vessel tax on plug-in hybrid vehicles. According to interviews with reporters, by the end of 2025, the national inventory of new energy vehicles reached 43.97 million, accounting for 12.01% of the total number of vehicles. With the continued increase in the penetration rate of new energy vehicles in the domestic market, the development of the automotive industry has entered a new stage, but at the same time, it also presents a phenomenon of uneven development. Industry experts told reporters that pure electric vehicles and hydrogen fuel cell zero-emission passenger cars are the long-term strategic core of China's automotive new energy development, and will continue to enjoy institutional dividends and policy support; transitional technologies such as plug-in hybrid, extended range, energy-saving oil hybrid vehicles with internal combustion engines have already reached the end of the industry incubation period.