New List of Tax Incentivized Electric and Hybrid Vehicles Released by MPO

The Ministry of Industry Policy published its latest list of tax incentives for electric and hybrid vehicles, featuring a range of high-performance models.

Among the new additions is the Xiaomi SU7 Ultra, which boasts an impressive 93.7 kilowatt-hour (kWh) battery pack, ensuring a range of up to 630 kilometers in optimal conditions. This is particularly noteworthy given its powerful 1,548 horsepower engine. The vehicle's ability to maintain long-distance capabilities makes it an attractive option for those seeking high-performance vehicles.

The Geely L6 model has also been added to the list, with an impressive 123.7 kWh battery pack and a range of up to 1,002 kilometers. This represents a significant leap in technology compared to its predecessors. Additionally, Volvo XC90 models featuring 100-degree+ batteries will be incentivized.

Other notable additions include:

• The Leica Z20 model, which boasts an additional 49 kWh battery for improved fuel efficiency and up to 430 kilometers of range.
• Baojun’s Dream EV model, now available with a large capacity of 77 kWh battery pack and a range of up to 530 kilometers in optimal conditions.
• Zero Run C16 model, featuring 75 kWh battery and an estimated driving distance of up to 580 km.