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State Taxation Administration: New Energy Passenger Car Sales Revenue Increased by 19.1% Year-On-Year from January to November

2025-12-09 09:45:22

On December 8, Rong Hailou, Chief Economist and Spokesperson of the State Administration of Taxation, stated that invoice data shows that from January to November this year, sales revenue in the retail industry of mobile phones and other communication devices and household appliances like refrigerators increased by 20.3% and 26.5% respectively year-on-year, reflecting the continued release of the effects of consumption-promoting policies. The consumption of new energy vehicles continues to improve, with market activity strengthening. From January to November, sales revenue of new energy passenger vehicles increased by 19.1% year-on-year.

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