Ok, I should explain better.
You see, the Gov limit the number of new licence plates for petrol vehicles per month. This forces buyers of new vehicles to bid at the auction for licence plates.
This can add an extra USD $15k to USD $30k per petrol vehicle. In addition, they have to pay annual registration fees.
The objective of the Chinese Gov is to control pollution.
Correspondingly, they exempt buyers of EV from the requirement to bid for a licence plate.
Instead any buyer of an EV will be issued with "a Green plate" as its known there, where they only have to pay the normal annual registration fee.
No bidding at auction is required for them.
Ok, I should explain better. You see, the Gov limit the number...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89482 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 37502 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |