Advertisement
Tesla
Hong Kong

Tesla urges Hong Kong government to keep e-vehicle tax breaks

US-based firm in talks with regulators to keep the city a ‘beacon’ for electric cars as it announces Powerwall 2.0 and solar roof tiles are available for pre-order

Reading Time:3 minutes
Why you can trust SCMP
Jon McNeill, President of Global Sales & Service of Tesla. Photo: Felix Wong
Cannix Yau

Tesla has urged the Hong Kong government to keep tax breaks on electric vehicles as the firm eyes the city for a number of new product releases, including the new Powerwall 2.0 and solar roof tiles.

Tesla’s president of global sales and service Jon McNeill said the company was currently in talks with the Hong Kong government to extend the present first registration tax waivers for e-cars, which is due to end in March 2017.

He cited a decision in Denmark last year to repeal tax breaks on electric vehicles and the installation of an additional levy, which discouraged buyers and led to an immediate drop in sales.

Advertisement

“We’re really in discussion with the government. We hope that Hong Kong does not turn into an example like Denmark where all e-vehicle sales basically dried up to zero,” he said.

“Instead we want to work with the Hong Kong government to make sure that they extend the policy, to continue the city’s path to be a beacon for e-vehicles.”

Advertisement
Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x