Assuming the taxes are just on first-hand sales, the subsidies on new EVs probably flooded the rural regions with cheaper-than-expected 2nd-hand ICE vehicles.

Assuming the taxes are just on first-hand sales, the subsidies on new EVs probably flooded the rural regions with cheaper-than-expected 2nd-hand ICE vehicles. Obvs the market for newer 2nd-hand ICE vehicles is going to wash away.