Overseas Procurement

2% Consumption Tax on Lithium Batteries from September: Impact on NEV Prices

China's Ministry of Finance announced a 2% consumption tax on mature lithium battery products effective September 1, 2026. The policy will directly impact power battery costs and ripple through NEV pricing.

46834 days ago

BYD Donates 10 Million CNY to Guangxi Typhoon Disaster Area, Demonstrating CSR Commitment

On July 8, 2026, BYD announced a 10 million CNY donation through the BYD Charity Foundation to support disaster relief and reconstruction in Guangxi following Typhoon Maysak. This action reflects the proactive stance of leading Chinese automakers in fulfilling social responsibility.

48048 days ago

Overseas Procurement

2% Consumption Tax on Lithium Batteries from September: Impact on NEV Prices

BYD Donates 10 Million CNY to Guangxi Typhoon Disaster Area, Demonstrating CSR Commitment

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