EV Stocks Rise on China’s Newest Tax Breaks, KARS Benefits

China announced an extension of tax waivers on electric and green vehicles through 2027. Chinese EV manufacturer’s stocks gained in overnight trading, a potential benefit for the KraneShares Electric Vehicles and Future Mobility ETF (KARS), a fund currently in strong buy territory. The Chinese government revealed a tax break package worth 520 billion yuan ($72.3 [...] The post EV Stocks Rise on China’s Newest Tax Breaks, KARS Benefits appeared first on ETF Trends .