Interesting article on Bloomberg. Looks at expiring EV subsidies in the US.
https://www.bloomberg.com/news/artic...s-biggest-test
It is a pity the HK Gov choose to subsidize the super-rich with a massive discount on the Tesla. It really should of skewed the tax relief for smaller cars as Europe has.
The most popular e-car in Europe is the Zoe
https://www.youtube.com/watch?v=SjguAC9SI6Y
If the target was to reduce road side emissions then surely getting more vehicles to switch to electric should of been the target rather than being a cool city with loads of Tesla's
The tax relief was on all EVs. Not just Teslas and one can now say it is indeed skewed to smaller / inexpensive EVs.
So all Tesla owners can sell their cars now with a good profit I guess, or?