XIAOMI's SU7, BYD's Seal Added to Catalog of NEV Models Exempted from Purchase Tax

China's Ministry of Industry and Information Technology (MIIT) published the Catalog of New Energy Vehicle Models Exempted from Purchase Tax (Fourth Batch), in which XIAOMI $XIAOMI-W (01810.HK)$ 's SU7, BYD $BYD COMPANY (01211.HK)$ 's Seal and Qin L, Huawei-Chery $Huawei Hongmong (LIST0795.SH)$ 's LUXEED S7 were included into the Catalog.