China to exempt Tesla cars from purchase tax via ReutersTV
) electric vehicles from its purchase tax, the Ministry of Industry and Information Technology said on Friday, a concession made amidst trade tensions with the United States.
No reason was given for the decision to exclude the cars from the tax, but it comes as Tesla is expanding in China, with a new factory and visits by Chief Executive Officer Elon Musk. He also has publicly praised China in the midst of tensions with the United States, thanking the Shanghai and national governments for support, calling national leaders “very thoughtful” and describing China’s “amazing” progress in sustainable energy, transport and space.
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