Hong Kong extends its registration tax exemption for E.V.s

The first registration tax exemption was extended by the Legislative Council for another three years to March 31, 2017; a move that was welcomed by the Secretary for the Environment Kam-sing Wong.

Hong Kong has passed a resolution that will extend its first registration tax exemption for electric vehicles.

The first registration tax exemption was extended by the Legislative Council for another three years to March 31, 2017; a move that was welcomed by the Secretary for the Environment Kam-sing Wong.

“Continuing the first registration tax exemption for electric vehicles will help promote the wider use of electric vehicles and improve our roadside air quality,” said Mr. Wong.

The first registration tax exemption for E.V.s was introduced in 1994 to 1995 and has been extended since then.

Hong Kong has been consistently promoting the use of E.V.s in the region. In addition to the first registration tax exemption, the Hong Kong Government has created a HK$300 million Pilot Green Transport Fund that has been put in place since March 2011 – an initiative which encourages people to try out innovative green and low carbon transport technologies, including E.V.s.

Additionally, the Hong Kong Government also plans to have zero emission buses running across the region (see related story). In line with this, its government has allocated $180 million for franchised bus companies to purchase 36 electric buses for trial runs. These trials are slated to commence before the end of 2014.

To further encourage the people of its territory to adopt E.V.s, the Hong Kong Government has been installing E.V. chargers throughout the region. At present, there are now around 1,000 standard E.V. chargers and around 10 quick chargers in Hong Kong. – EcoSeed Staff

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