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From Electrek: Tesla is in talks with Hong Kong to extend EV incentives and avoid another...

Discussion in 'News from Electrek.co' started by RSSFeed, Nov 3, 2016.

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    Tesla is in talks with Hong Kong to extend EV incentives and avoid another Denmark

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    As you may remember, Denmark announced the phasing out of its tax break for electric vehicles by the end of 2015, which caused Tesla’s sales to surge to an all-time high in the country, but they have been virtually non-existent since then. We are talking about going from over 1,000 vehicles delivered in December 2015 to about 100 vehicles delivered throughout the entire year so far.

    Now Tesla fears a similar situation in Hong Kong, a very important market for the company, and Tesla President Jon McNeill is currently in the global city to lead talks with the government in order to extend the tax break for EVs and maintain Hong Kong status as a “beacon city” for electric vehicles. more…

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