COE Changes
00:30 Min
From next February, there will be a cap on engine power for Category A cars. The change in the COE system is meant to stabilise price fluctuations and, according to the transport regulator, “better ensure some element of social equity in car ownership.” But an MP calls the plan “meaningless”, and a missed opportunity to push for greener cars. Is imposing a cap really the best option?
COE Changes
From next February, there will be a cap on engine power for Category A cars. The change in the COE system is meant to stabilise price fluctuations and, according to the transport regulator, “better ensure some element of social equity in car ownership.” But an MP calls the plan “meaningless”, and a missed opportunity to push for greener cars. Is imposing a cap really the best option?
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