A券商 analyst said the market had already anticipated a consumption tax on lithium batteries and that the industry expects limited impact. According to Jin10, lithium battery cell prices are about 0.35 yuan/Wh to 0.4 yuan/Wh, and a 2% consumption tax would add roughly 0.007 yuan/Wh to 0.008 yuan/Wh in costs.
The analyst said a tax rate range of 2% to 4% would translate into an increase of 12,000 yuan/ton to 25,000 yuan/ton for lithium carbonate. The article said rising lithium carbonate prices and still-tight order demand mean the future tax impact would not be large.
For end-market consumers, the impact is also limited, with a 2% to 4% tax rate adding only several hundred yuan to the cost of a vehicle, far less than the cost pressure caused by previous lithium price swings. Cui Dongshu, secretary-general of the China Passenger Car Association, said the policy adjustment means the era of equal treatment between oil and electric vehicles has officially begun.
The article said the tax preference period for new energy vehicles is being phased out in stages and in a measured way, from the halving of purchase tax and the removal of vehicle and vessel tax exemptions to the resumption of consumption tax on batteries.
STOCKS | Lithium Batteries Face Consumption Tax as Policy Shift Reduces New Energy Vehicle Incentives
2026-07-17 14:34:47
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Market Sentiment Stays Calm as Dollar Hedging Costs Hit Yearly LowNext article：
阿尔诺被责令补税2250万欧元
