China will tax lithium and solar batteries for the first time in a decade, but sodium batteries stay exempt

China will impose a consumption tax on lithium-ion and solar batteries for the first time in a decade, marking a policy shift as Beijing seeks to rein in overcapacity and destructive price wars in industries it spent years subsidising into global dominance. A 2% tax on lithium-ion batteries takes effect this September, rising to 4% […] This story continues at The Next Web

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