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[New calculation method for electric license plate fees] New five-level fees | Inventory of new license fees for 90 popular electric vehicles | Which car is the most affordable?

Author

Eric Lau

Created On

2025-05-13

Edited On

2026-05-18

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P-Plate / New Driver

The Hong Kong government has actively promoted electric vehicles in recent years and launched the One for One Tax concessions have attracted many petrol car owners to switch to Electric Vehicles In April this year, the Transport and Logistics Bureau proposed to adjust the electric private car license fee, changing the previous calculation of the license fee based on the weight of the electric vehicle to charging based on the rated power. The government then launched a new plan in July, which will be implemented on November 1, and will gradually increase the fee in 5 stages.

Today Kwiksure will explain the new electric vehicle license fee structure in detail and take stock of the rated power and new license fees of 90 popular electric vehicles.

Table of contents

The 5-level license fee structure will be implemented in 5 phases
What is "rated power"?
How much is the difference between new and old card fees?
20 electric vehicles with rated power below 75 kW
30 electric vehicles with rated power below 75 kW-125 kW
20 electric vehicles with rated power below 125 kW-175 kW
12 electric vehicles with power ratings from 175 kW to 225 kW
8 electric vehicles with rated power above 225 kW
Frequently Asked Questions

The 5-level license fee structure will be implemented in 5 phases

A new calculation model for electric vehicle license plate fees.The license fee for electric vehicles has been changed from being charged based on weight to being charged based on rated power.The new license fee structure increases in increments of 50 kW, with a total of 5 levels.The new charges will increase gradually in five stages. For example, the 75 kW level will increase from $1,500 to $1,750 in March 2027, and will increase annually thereafter until it reaches a cap of $3,000 in March 2030.

Rated power of electric private cars (kW)	Annual license fee (HKD)
Rated power of electric private cars (kW)	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
75 kW or less	$1,500	$1,750	$2,000	$2,500	$3,000
75 kW - 125 kW	$2,000	$2,500	$3,000	$4,000	$5,000
125 kW - 175 kW	$2,500	$3,500	$4,500	$5,000	$7,000
175 kW - 225 kW	$3,000	$4,500	$6,000	$7,500	$9,000
225 kW or more	$5,000	$6,500	$8,000	$9,500	$11,000

*Excludes Traffic Accident Victims Assistance Fund (one-year levy is $114 per vehicle)

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What is "rated power"?

rated power

Rated Power refers to the maximum power output of an electric motor when it is running continuously., which is different from the maximum horsepower written on the general electric vehicle specification sheet.Maximum horsepower refers to the peak power (Max Power) of an electric vehicle.Taking the Tesla Model 3 Performance as an example, its peak power is 343 kW, but the rated power shown by the Transport Department is 155 kW, so it is charged at Level 3 under the new licensing fee structure.

If you are already an electric car owner, you can find the rated power on the vehicle registration document (license plate). However, electric car dealers rarely list the rated power of electric cars, so you should check with the dealer when buying a new car. Even for the same model, the power ratings of two-wheel drive (single motor) and four-wheel drive (dual motor) can vary greatly. By Sealion 7 For example, a two-wheel drive model with a rated power of 70 kW and an all-wheel drive model with a rated power of 145 kW will cost $4,000 more under the new licensing structure by 2030.

How much is the difference between new and old card fees?

With a rated power of 65 kW BYD DOPHIN For example, the standard range version weighs 1,500 kg. According to the current charging model, the annual license fee is HK$934 (net weight not exceeding 1 tonne $572, additional fee for each additional 250 kg net weight $124, less than 250 kg is also calculated in full $124, and the annual fee of the Traffic Accident Victims Assistance Fund $114). If calculated according to the new license fee charging model, the annual license fee to be paid from November 1, 2025 to February 28, 2027 is HK$1,500, the annual license fee in 2027 is HK$1,750, HK$2,000 in 2028, HK$2,500 in 2029, and HK$3,000 in 2030.

20 electric vehicles with rated power below 75 kW

20 electric vehicles with rated power below 75 kW
Model	Rated Power	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
BYD DOLPHIN	65 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BYD ATTO 3	65 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BYD M6	65 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BYD SEAL	70 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BYE SEALION 7	70 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BMW iX1 eDrive 20	68 kW	$1,500	$1,750	$2,000	$2,500	$3,000
BMW iX2 eDrive 20	68 kW	$1,500	$1,750	$2,000	$2,500	$3,000
MINI ACEMAN SE	65 kW	$1,500	$1,750	$2,000	$2,500	$3,000
MINI COOPER SE	65 kW	$1,500	$1,750	$2,000	$2,500	$3,000
MINI COUNTRYMAN E	68 kW	$1,500	$1,750	$2,000	$2,500	$3,000
NOW 03 Standard Range	60 kW	$1,500	$1,750	$2,000	$2,500	$3,000
ORA 07	66 kW	$1,500	$1,750	$2,000	$2,500	$3,000
DFSK SERES 3	62 kW	$1,500	$1,750	$2,000	$2,500	$3,000
PEUGEOT E-2008 GT	62 kW	$1,500	$1,750	$2,000	$2,500	$3,000
Volkswagen ID.4 PRO	70 kW	$1,500	$1,750	$2,000	$2,500	$3,000
DENZA D9	70 kW	$1,500	$1,750	$2,000	$2,500	$3,000
Porsche Taycan Turbo	71 kW	$1,500	$1,750	$2,000	$2,500	$3,000
LEXUS RZ300E	73 kW	$1,500	$1,750	$2,000	$2,500	$3,000
Toyota BZ4X	73 kW	$1,500	$1,750	$2,000	$2,500	$3,000
MG ZS EV	73 kW	$1,500	$1,750	$2,000	$2,500	$3,000

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30 electric vehicles with rated power below 75 kW-125 kW

30 electric vehicles with rated power ranging from 75 kW to 125 kW
Model	Rated Power	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
Tesla Model 3 / Y rear-wheel drive	88 kW - 100 kW	$2,000	$2,500	$3,000	$4,000	$5,000
AUDI Q4 45 E-TRON	89 kW	$2,000	$2,500	$3,000	$4,000	$5,000
SMART #1	75 kW	$2,000	$2,500	$3,000	$4,000	$5,000
SMART #1 BARBUS	116 kW	$2,000	$2,500	$3,000	$4,000	$5,000
SMART #3 BARBUS	116 kW	$2,000	$2,500	$3,000	$4,000	$5,000
VOLVO EX30 ULTRA	75 kW	$2,000	$2,500	$3,000	$4,000	$5,000
VOLVO C40 P6 RECHARGE ULTIMATE	120 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW iX1 xDrive 30	115 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW iX2 xDrive 30	110 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW iX3	80 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW i4 eDrive 35	80 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW i4 eDrive 40	105 kW	$2,000	$2,500	$3,000	$4,000	$5,000
BMW i5 eDrive 40	105 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Mercedes-Benz EQA 250	80 - 111 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Mercedes-Benz EQA 250+	95 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Mercedes-Benz EQB 250	111 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Mercedes-Benz EQE 350 / 350+	109 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Mercedes-Benz EQS 450+	109 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Hyundai IONIQ 5	81 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Hyundai IONIQ 6	81 kW	$2,000	$2,500	$3,000	$4,000	$5,000
KIA EV6 GT-LINE	81 kW	$2,000	$2,500	$3,000	$4,000	$5,000
KIA EV9 GT-LINE	100 kW	$2,000	$2,500	$3,000	$4,000	$5,000
MAXUS MIFA 7	90 kW	$2,000	$2,500	$3,000	$4,000	$5,000
MAXUS MIFA 9	90 kW	$2,000	$2,500	$3,000	$4,000	$5,000
XPENG G6	110 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Porsche Macan	120 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Porsche Taycan	120 kW	$2,000	$2,500	$3,000	$4,000	$5,000
NETA X Intelligent	120 kW	$2,000	$2,500	$3,000	$4,000	$5,000
Toyota BZ4X	118 kW	$2,000	$2,500	$3,000	$4,000	$5,000

20 electric vehicles with rated power below 125 kW-175 kW

20 electric vehicles with rated power from 125 kW to 175 kW
Model	Rated Power	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
LEXUS RZ450E	132 kW	$2,500	$3,500	$4,500	$5,000	$7,000
ORA 07 AWD GT	132 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Mercedes-Benz EQE 350	135 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Mercedes-Benz EQS 450 / 580	135 kW	$2,500	$3,500	$4,500	$5,000	$7,000
ZEEKR 009	138 kW	$2,500	$3,500	$4,500	$5,000	$7,000
LOTUS Eletre	140 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Porsche Taycan 4S	140 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Polestar 2 Long Range	141 kW	$2,500	$3,500	$4,500	$5,000	$7,000
KIA EV6 GT	143 kW	$2,500	$3,500	$4,500	$5,000	$7,000
BMW iX xDrive40	145 kW	$2,500	$3,500	$4,500	$5,000	$7,000
BYD SEAL 4WD	145 kW	$2,500	$3,500	$4,500	$5,000	$7,000
BYD SEALION 7 4WD	145 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Mercedes-Benz EQC 400	145 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Tesla Model 3 / Y Long Range 4WD	153 kW	$2,500	$3,500	$4,500	$5,000	$7,000
AUDI Q8 50 / 55 e-tron	158 kW	$2,500	$3,500	$4,500	$5,000	$7,000
BMW i4 M50 Gran Coupe	165 kW	$2,500	$3,500	$4,500	$5,000	$7,000
BMW i7 xDrive60	165 kW	$2,500	$3,500	$4,500	$5,000	$7,000
Jaguar i-Pace EV400	172 kW	$2,500	$3,500	$4,500	$5,000	$7,000

12 electric vehicles with power ratings from 175 kW to 225 kW

12 electric vehicles with rated power from 175 kW to 225 kW
Model	Rated Power	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
VOLVO C40 P8 RECHARGE ULTIMATE	183 kW	$3,000	$4,500	$6,000	$7,500	$9,000
VOLVO XC40 P8 RECHARGE ULTIMATE	183 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Mercedes-AMG EQE 53	185 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Porsche Taycan 4S	190 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Porsche Taycan Turbo S	190 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Tesla Model 3 Performance	190 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Polestar 2 Long Range	192 kW	$3,000	$4,500	$6,000	$7,500	$9,000
BMW i7 M70	195 kW	$3,000	$4,500	$6,000	$7,500	$9,000
BMW iX M60	195 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Porsche Taycan 4 Cross Turismo	200 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Porsche Taycan 4S	200 kW	$3,000	$4,500	$6,000	$7,500	$9,000
Mercedes-Benz G580E	222.8 kW	$3,000	$4,500	$6,000	$7,500	$9,000

8 electric vehicles with rated power above 225 kW

8 electric vehicles with rated power above 225 kW
Model	Rated Power	November 1, 2025 to February 28, 2027 (covering a 4-month grace period)	March 1, 2027 - February 29, 2028	March 1, 2028 - February 28, 2029	March 1, 2029 - February 28, 2030	After March 1, 2030
AUDI SQ8 e-tron	226 kW	$5,000	$6,500	$8,000	$9,500	$11,000
AUDI SQ8 Sportback e-tron	226 kW	$5,000	$6,500	$8,000	$9,500	$11,000
MG Cyberster 4WD	235 kW	$5,000	$6,500	$8,000	$9,500	$11,000
LOTUS Eletre R	250 kW	$5,000	$6,500	$8,000	$9,500	$11,000
Porsche Taycan GTS	250 kW	$5,000	$6,500	$8,000	$9,500	$11,000
Porsche Tayca Turbo Cross Turismo	250 kw	$5,000	$6,500	$8,000	$9,500	$11,000
Porsche Macan Turbo	295 kW	$5,000	$6,500	$8,000	$9,500	$11,000
Porsche Taycan 4S Sport Turismo	320 kW	$5,000	$6,500	$8,000	$9,500	$11,000

Frequently Asked Questions

When will the new license fee for electric vehicles take effect?

The new charges for electric vehicles will be gradually increased over three years. From the end of 2025 to December 2026, electric vehicle licenses can be renewed for one or four months based on the original weight calculation method. Starting from 2027, the license fee will be charged according to the new calculation method.

How to calculate the new license fee for electric vehicles?

The new electric license plate fee calculation model changes from charging the license plate fee based on the weight of the electric vehicle to charging based on the rated power. The new license fee structure increases in steps for every 50 kW, and is divided into 5 levels in total. It is divided into below 75 kW, 75 kW to 125 kW, 125 kW to 175 kW, 175 kW to 225 kW and above 225 kW.

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The above information is for reference only. Kwiksure takes no responsibility for the accuracy and timeliness of the information. For the coverage, mode of compensation, benefit limit and premium levels of any specific insurance plan, please refer to the relevant policy terms.

Author

Eric Lau

Eric is a content creator for Kwiksure, responsible for writing articles on various topics such as cars, travel, domestic helpers, etc., striving to provide readers with detailed and practical information.

With over 20 years of experience in the media industry and driving, Eric has worked for several newspapers, magazines, and online media outlets. Apart from his passion for writing, he also enjoys the pleasure that driving brings. On average, he drives over 40,000 kilometers per year.

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