Why does the Vehicular Emissions Scheme (VES) have fewer bands than the Carbon Emission-Based Vehicle Scheme (CEVS), and why reduce the maximum rebate and surcharge amounts?

General 11/12/2017 37 View

1 Answer

Admin

The banding structure has been simplified and recalibrated with the introduction of four more pollutants to better encourage car and taxi buyers to purchase overall less pollutive vehicles.

Source: LTA

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