Fiscal Budget 2026 | The End of The”One-for-One” Electric Vehicle Swap Program ? He Jingkang: It Shouldn’t Be Cancelled Across the Board
The new budget will be announced on February 25. One of the focal points is whether the “one-for-one” electric vehicle tax reduction scheme, which ends on March 31, will be extended. New People’s Party Legislative Councilor Ho King-hong said that the electric vehicle incentive should not be canceled outright, but rather gradually reduced. Otherwise, it may only decelerate the citizens’ pace of replacing their vehicles or cause some buyers to return to gasoline cars.
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