Qualifying standards for environment-friendly commercial vehicles to remain unchanged from April 2023 to March 2024

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     The Environmental Protection Department (EPD) today (February 20) announced that the qualifying standards (QS), first registration tax (FRT) concession rates and their concession caps for environment-friendly commercial vehicles (EFCV) would remain unchanged for the period from April 1, 2023, to March 31, 2024, inclusive.

     To improve roadside air quality and safeguard public health, the Government has been offering tax incentives since April 1, 2008, to encourage commercial vehicle owners to choose EFCVs with exhaust emissions that outperform the prevailing statutory emission standards. The EPD reviews the QS of EFCV models annually in the light of vehicle technological advancement, market availability and the prevailing statutory emission standards for the first registered vehicles.

     The EPD regularly updates the list of EFCV models as new models enter the local market. Details of the tax concession scheme for EFCVs are available at
www.epd.gov.hk/epd/english/environmentinhk/air/prob_solutions/environment_friendly_commercial_vehicles.html.

Ends/Monday, February 20, 2023
Issued at HKT 11:03

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