Tesla has secured an exemption from automobile taxes for its electric vehicles sold in China, a waiver granted by Beijing just days after the company’s chief executive Elon Musk visited the country.
A total of 16 variants of the California automaker’s Model S, X and 3 vehicles were included on a list of “new energy” vehicles — a classification that includes electric vehicles and some hybrids — exempt from the 10 per cent purchase tax, according to a joint statement by China’s ministry of industry and information technology and the national tax bureau on Friday.
Other international automakers including Mercedes, General Motors, Volkswagen, Toyota and Hyundai also had models included on the list, alongside domestic automakers like BYD.