
EV
2025-06-29
【One-for-One Scheme Extended to 2026】2025 Tax-Free EVs Recommendation|Latest Quota Prices|Eligibility and Application Process
In the 2024-25 Budget announced on February 28, 2024, the Hong Kong government extended the electric vehicle first registration tax reduction scheme (commonly known as the 'One-for-One Scheme') to 2026. Under this scheme, electric vehicles priced at HK$500,000 or below can enjoy a maximum first registration tax waiver of HK$172,500, while cars priced above HK$500,000 are not eligible for the waiver. Kwiksure has compiled 6 brand-new EV models that qualify for the tax exemption, along with details on the latest quota prices and application procedures, helping you maximize the tax benefit when purchasing your dream car.






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