Post by S&P Global

China's latest adjustment to vehicle and vessel tax incentives is expected to have little immediate impact on the country's lithium carbonate market, with market observers saying the changes were widely anticipated and unlikely to alter electric vehicle purchasing decisions. China's Ministry of Finance, State Taxation Administration and Ministry of Industry and Information Technology on July 3 jointly issued a notice revising preferential vehicle and vessel tax policies. Read more with S&P Global Energy: https://okt.to/0M7cHf