CATL Sees a String of Huge Orders! From September 1, 2026, Sodium-Ion Batteries and Others Exempt from Consumption Tax! Year One of Sodium Batteries

English summary

The new energy storage track is iterating and upgrading. To accommodate the accelerating trend of sodium-ion battery industrialization, the policy side has taken the lead in releasing positive signals. Recently, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation issued an announcement adjusting the consumption tax policy for some batteries. From September 1, 2026, the consumption tax policy for some battery products will be adjusted in stages. From September 1, 2026 to December 31, 2028, sodium-ion batteries and others will be exempt from consumption tax. This policy adjustment not only reduces the initial commercialization cost of sodium batteries, but also injects clear long-term confidence into all links of the industry chain. Under policy guidance, leading battery companies are accelerating the implementation of technology and capacity. …