Preferential vehicle and vessel tax policies for energy-saving and new-energy vehicles will be adjusted from Jan 1, 2027, ending tax reductions or exemptions for several vehicle types.

Under the new policy, the 50 percent reduction in vehicle and vessel tax for energy-saving vehicles will be canceled. Tax exemptions for pure electric commercial vehicles, plug-in hybrid vehicles (including extended-range models), and fuel-cell commercial vehicles will also be discontinued.

Vehicles of these types newly acquired from Jan 1, 2027, as well as those acquired before the policy takes effect, will be subject to vehicle and vessel tax in accordance with the Law of the People's Republic of China on Motor Vehicle and Vessel Tax, its implementation regulations and other relevant provisions.