China will extend the exemption of purchase tax on new energy vehicles, which is scheduled to expire by the end of the year, to the end of 2023, according to a notice issued by the Ministry of Finance, the State Taxation Administration and the Ministry of Industry and Information Technology
NEV tax exemptions extended until end-2023--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
The proposal for an international standard for autonomous driving test scenarios initiated by China has been formally accepted by the International Organization for Standardization or ISO, according to the Ministry of Industry and Information Technology, the nation's top industry regulator.
Commercialization of autonomous trucks is gaining impetus as tech giants and self-driving startups are ramping up efforts to conduct road tests and mass-produce autonomous heavy-duty trucks, industry experts said.
China has released the first national draft guideline on the use of self-driving vehicles for public transport, a key move in accelerating the large-scale commercialization of autonomous driving technology and encouraging local authorities to formulate the relevant management policies, industry experts said.