EV licence fee in Hong Kong to be raised in 3 years to 70% that of petrol cars
Proposed fees, to be discussed in Legco next Friday, could be increased more than three times to a minimum of about HK$3,550
The annual licence fee for private electric cars in Hong Kong will be raised gradually in three years to about 70 per cent of that of petrol vehicles under part of the government’s review proposals, the Post has learned.
The current annual licence fee for electric cars weighing under one tonne (2,205lbs) is set at HK$572 (US$74), with an extra HK$124 for each additional 250kg (551lbs). An electric car, such as a Tesla, weighs about two tonnes, meaning the licence fee for it would be about HK$1,100.
For private cars powered by petrol, the annual fee is set at HK$5,074, HK$7,498, HK$9,929, HK$12,360 and HK$14,694 for those not exceeding 1,500cc, more than 1,500cc, over 2,500cc, over 3,500cc and above 4,500cc, respectively.
A source said the EV licence would rise in three years until it reached 70 per cent of that of petrol cars, meaning it could be increased more than three times to a minimum of about HK$3,550.
The proposed fees are expected to be discussed at a meeting of the Legislative Council’s transport panel next Friday. Authorities had also shared details with lawmakers on Wednesday.
The Transport and Logistics Bureau said on Wednesday that the government would also change how it calculated licence fees, basing it on a five-tier power rating rather than by weight.