EconomyChina’s EV and battery makers tussle over who pays resumed lithium-ion tax: sources

China’s electric-vehicle makers and battery manufacturers are negotiating over which side should bear a consumption tax that Beijing is restoring on lithium-ion batteries and related products. The levy returned at 2% on September 1 after an 11-year exemption and is due to be fully restored in a year, as weak domestic demand adds pressure to carmakers.

China EVsbattery makerslithium-ion batteriesconsumption tax

SSouth China Morning Post★★☆☆☆2026-09-25 00:00Original