FUNTI's daily electric motorcycle market brief for September 16, 2026: raw material prices, overseas market regulation and China export data, compiled from public sources for importers, distributors and fleet operators.
FUNTI MARKET INTELLIGENCE · September 16, 2026
① Today's Highlights
- Vietnam currently levies an 60% import tariff on electric motorcycles, plus a further 10% VAT on top, making CBU import tax burdens markedly heavier than for petrol motorcycles; Vietnam's Ministry of Finance has proposed to the government that both the import tariff and VAT on electric motorcycles be reduced. (Source: Vietnam Investment Review / CAAM)
- Vietnam's National Assembly Office has announced a plan to extend the special consumption tax (SCT) reduction for electric vehicles by nearly four years, through the end of 2030. The incentive has applied since March 2022, cutting the SCT rate for pure EVs with fewer than 9 seats from 4%–11% to 1%–3%; it had been due to expire in February 2027, after which the rate would rise back to 11%. The first-registration fee exemption for pure EVs is extended to February 2027 in parallel. (Source: Vietnam National Assembly Office / China Youth Daily)
- Vietnam's Government Resolution No. 34/2026/NQ-CP extends the preferential import tax, environmental protection tax and VAT reductions on petrol, diesel, petrol/diesel feedstock and aviation fuel uniformly to 30 September 2026, while the petrol SCT resumed by category from July. 30 September therefore becomes a clear policy node: if the relief is not renewed, domestic fuel prices in Vietnam will rebound noticeably and the economics of the "petrol-to-electric" switch would strengthen again. (Source: Economic and Commercial Office, Chinese Embassy in Vietnam / Vietnam Finance Magazine)
② Raw Materials & FX
- FX: the RMB/USD central parity was set at 6.7670 on 15 September, 28 pips firmer than 6.7698 on 14 September; EUR/CNY parity stood at 7.7811 and 100 JPY/CNY at 4.3592. As of this report (before 08:00 on 16 September) the 16 September parity had not yet been published. (Source: CFETS / ChinaMoney)
- Steel: on 11 September Ansteel, Bengang and Lingyuan Steel published their October 2026 price policies, raising prices across the board from September levels — hot-rolled, cold-rolled and galvanised sheet plus auto steel up by RMB 200/t, colour-coated sheet, medium plate, rebar and wire rod up by RMB 100/t, and Lingyuan special steel up by RMB 200/t. Mill-level increases provide cost support to spot prices, diverging from recently weak futures. (Source: Mysteel / Sina Finance)
- Copper: LME copper closed at USD 14,024.5/t on 14 September, down 1.42%, with LME copper stocks rising 8,425 t that day. As of 14 September, mainstream Chinese electrolytic copper social inventory stood at 90,300 t, up 5,200 t week-on-week but down 63,900 t year-on-year. (Source: Jintou / SHMET)
- Aluminium: the LME three-month aluminium contract closed at USD 3,251.5/t on 14 September, down 0.15%, while SHFE aluminium's night session settled at RMB 23,990/t. On the fundamentals side, LME aluminium stocks have fallen below 250,000 t, the lowest since 1990, with the overseas supply gap still materialising. (Source: SHMET)
- Lithium carbonate: in the week of 4–10 September, China's battery-grade lithium carbonate spot average was RMB 142,500/t, down 8.65% week-on-week, while industrial-grade averaged RMB 139,500/t, down 8.82%; institutions expect battery-grade spot to trade in a RMB 140,000–160,000/t range in the near term. Spot trades clustered near RMB 142,000/t, with high-quality fresh cargo relatively tight. (Source: Soochow Securities industry weekly / Baiinfo)
- Demand: China's total battery-cell production plan for September is 317.9 GWh, up 4.48% month-on-month, with LFP utilisation at high levels and energy-storage demand continuing to improve; ahead of the Mid-Autumn and National Day holidays, downstream material makers kept pre-stocking. (Source: Soochow Securities industry weekly)
③ Overseas Markets
- Togo has extended its automotive import tax incentives for another year: new electric or hybrid vehicles, and new electric motorcycles together with their batteries, enjoy a 100% tariff exemption, other new vehicles 90% and new passenger cars 80%; used vehicles aged 1–2 years receive a 50% discount and those aged 3–5 years 35%. (Source: Economic and Commercial Office, Chinese Embassy in Togo)
- Indonesia Motorcycle Industry Association (AISI) data show 2025 national motorcycle sales of 6.413 million units, of which electric motorcycles accounted for only 55,059 units — under 0.9% and down 28.6% from the 2024 peak of 77,078. Indonesia's Ministry of Industry has confirmed there will be no electric motorcycle purchase subsidy in 2026, with the industry pivoting to non-fiscal support (traffic privileges, parking discounts, public procurement). (Source: AISI / Gasgoo)
- Brazil is filling in both funding and infrastructure: the World Bank has approved USD 500 million to support electric bus roll-out in major Brazilian cities; by mid-2025 Brazil had nearly 17,000 public and semi-public charging points, and São Paulo State Law 18,403 authorises charging points in apartment parking bays. For exporters, a bundled "vehicle + charging equipment" offer still has an institutional opening in Brazil. (Source: ABVE / Brazil EV Expo)
FUNTI · Taizhou Fangxiang Technology Co., Ltd.
Daily electric motorcycle market brief for importers, distributors and fleet operators. Figures are compiled from public market sources and industry associations; verify before commercial use.
