China Cancels NEV Vehicle and Vessel Tax Benefits from 2027: PHEV/EREV Owners Face Higher Costs

China's three ministries announced that from January 1, 2027, preferential vehicle and vessel tax policies for NEVs will be fully canceled. Halved rates for energy-efficient vehicles and exemptions for commercial BEVs, PHEVs, EREVs, and fuel-cell vehicles will all terminate. Pure-electric passenger vehicles remain unaffected. Central Asian importers need to adjust PHEV procurement strategies.