To enjoy the tax break on EVs, private buyers must first scrap another car in a one-for-one swap. Photo: David Wong

Electric car buyers get new HK$250,000 tax break but will it boost Hong Kong’s flailing market? 

Buyers can enjoy the break on a new purchase if they trade-in a car that is at least six years old in a move the government hopes will increase zero-emission vehicles on the city’s roadways

Topic |   Tesla

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To enjoy the tax break on EVs, private buyers must first scrap another car in a one-for-one swap. Photo: David Wong
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