Physix Frontier · News Briefing Card (IT Home · Oct 16, 2026)

MIIT Releases 35th NEV Purchase Tax Exemption Catalog

KEY FACTS

The Ministry of Industry and Information Technology released the 35th batch of new energy vehicle purchase tax exemption catalog on October 16.
Li Auto i6 has officially announced it will launch on October 28, 2026.
BYD Seagull is confirmed to launch on October 20, expected to be the second-generation model.
Fangchengbao Tai 9 and Wey Lanshan replacement models are expected to launch in Q4 2026.
Geely Galaxy M8 is expected to debut and launch within 2026, positioned as a flagship large five-seat plug-in hybrid SUV.

PHYSIX OBSERVATION

The purchase tax exemption catalog is becoming the 'outpost' for new car launches, and this batch of names covers almost all the main models for the next half year. For consumers, being in the catalog means a direct reduction in purchase cost, making it worth holding cash and waiting; for automakers, whether they can squeeze into the catalog has become an invisible contest of product rhythm and pricing strategy.

Source: IT Home report