Hong Kong’s EV Tax Break Expires After 32 Years as Chinese Brands Overtake Japanese

Hong Kong’s EV Tax Break Expires After 32 Years as Chinese Brands Overtake Japanese

Hong Kong’s first registration tax concession for electric private vehicles expires on Tuesday, ending three decades of incentives that helped turn the city into one of the world’s most electrified car markets. The policy that has been in place in various forms since March 1994 and comprised until this Tuesday two elements. CLP Power registered Hong Kong’s first electric vehicle — a British-made Lucas Electric Metro — with the territory’s Road T…