Electric Vehicle 1 for 1 Quota

Electric Vehicle 1 for 1 Quota
 (*Prices will be adjusted according to market prices)

 Latest news 28/2/2024:
 <2024 Budget>

 1. The first-time registration tax exemption for electric vehicles will be extended for two years, and the exemption amount will be reduced by 40%.

 2. The maximum exemption for first registration tax under the "One-for-One" scheme is capped at $172,500.

 3. The maximum exemption for general electric private cars is $58,500

 4. Electric vehicles with a pre-tax price of more than $500,000 will not be eligible for the tax deduction.

 5. Electric commercial vehicles, electric motorcycles and electric tricycles will continue to be fully exempted from first registration tax for the next two years.