Sodium-Ion Battery Tax Exemption in China Through 2028: What It Means for the Market
China is changing the consumption-tax treatment of several battery technologies, giving sodium-ion batteries a temporary exemption through the end of 2028. According to an official announcement from China’s Ministry of Finance, General Administration of Customs and State Taxation Administration, lithium-ion batteries will face a 2% consumption tax from September 1, 2026, rising to 4% from September 1,…