Feb 20 2018
In April 2017, the Hong Kong authorities scrapped the 1st Registration Tax concessions for electric vehicles. Given that then, income of electric powered cars in the city have plummeted drastically.
As we can see from the figures presented by the Transport Division, concerning April and December in 2016, a overall of 2,078 new electric powered motor vehicles were registered with the governing administration in our city. On the other hand, immediately after the tax exemption was axed, only 99 electric powered vehicles were registered for the duration of the identical interval of time in 2017.
Meanwhile, the quantities of recently registered gasoline and diesel-driven automobiles picked up appreciably in excess of the earlier year, exacerbating the city’s air air pollution trouble.
Significant economies like France, the United Kingdom, Taiwan, Germany, India, Norway and the Netherlands have all jumped on the bandwagon of endorsing zero-emission vehicles and have proposed sound timetables in the direction of banning automobiles powered by fossil fuel from their roads.
As this kind of, I definitely locate it intellect-boggling as to why the Hong Kong govt is swimming towards the global tide when it will come to lessening auto emissions.
In the meantime, our govt has also remained extremely sluggish in advertising electric business autos in Hong Kong around the many years.
As a outcome, we are way behind agenda in achieving our extended-expression targets of striving for zero emissions and increasing air quality on our roadways.
Again in 2010, the Environmental Protection Office vowed operation of buses having zero emissions as its greatest goal. In 2011, the section allotted HK$300 million to set up the Pilot Eco-friendly Transportation Fund to guidance testing of inexperienced and ground breaking technologies which are applicable to the community transport sector and products cars.
However, the plan has turned out to be just a moist squib and has delivered practically zero effect around the many years.
Even worse however, the administration has created incredibly minimal progress in increasing the quantities of charging details for electrical cars across the territory in recent decades.
Supplied this problem, I sincerely hope the governing administration will keep an open thoughts with regard to new-strength vehicles advertising and restore tax exemption for certain electrical autos in the approaching money calendar year.
The administration can also be more proactive and take other steps, like stepping up financial investment in community charging services, to boost the level of popularity of electrical autos in the town.
This article appeared in the Hong Kong Financial Journal on Feb 6
Translation by Alan Lee
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