•COE bonus of 35%, up from 13%, for owners of Euro II/III Category C diesel Light Goods Vehicles[1](i.e. vehicles with Maximum Laden Weight (MLW) of less than or equal to 3,500kg) if they replace their vehicles with Euro VI-compliant (or its equivalent) vehicles. COE bonus for owners of Euro II/III Category C diesel vehicles with maximum laden weight (MLW) of more than 3,500kg replacing with Euro VI-compliant (or its equivalent) vehicles will remain at 100%;
•ETS is no longer be applicable for owners of Pre-Euro/Euro I Category C diesel vehicles. As announced previously, ETS for Pre-Euro/Euro I has expired on 31 Jul 2017; and
•ETS will no longer be applicable for owners who turnover to Euro V-compliant (or equivalent) models; replacement vehicles have to meet or be better than Euro VI and equivalent standard.
The key changes are as follows:
•COE bonus of 35%, up from 13%, for owners of Euro II/III Category C diesel Light Goods Vehicles[1](i.e. vehicles with Maximum Laden Weight (MLW) of less than or equal to 3,500kg) if they replace their vehicles with Euro VI-compliant (or its equivalent) vehicles. COE bonus for owners of Euro II/III Category C diesel vehicles with maximum laden weight (MLW) of more than 3,500kg replacing with Euro VI-compliant (or its equivalent) vehicles will remain at 100%;
•ETS is no longer be applicable for owners of Pre-Euro/Euro I Category C diesel vehicles. As announced previously, ETS for Pre-Euro/Euro I has expired on 31 Jul 2017; and
•ETS will no longer be applicable for owners who turnover to Euro V-compliant (or equivalent) models; replacement vehicles have to meet or be better than Euro VI and equivalent standard.
Source: LTA