Rebate for compressed natural gas cars extended

FireEngine1 SG

Published on Oct 3, 2011

http://www.straitstimes.com/STI/STIMEDIA/image/...
The green vehicle rebate scheme for new vehicles that run on compressed natural gas (CNG) will be extended by another year to Dec 31, 2012. —PHOTO: ZAINAL JAMARI

The green vehicle rebate scheme for new vehicles that run on compressed natural gas (CNG) will be extended by another year to Dec 31, 2012.

The scheme, which accords buyers of CNG cars and commercial vehicles a 40 and 5 per cent rebate respectively on their additional registration fees, was to end by Dec 31 this year.

The Ministry of Finance said on Monday that it decided to extend the scheme by another year after feedback from the public requesting for it to expire together with a similar scheme for other green vehicles, namely electric and petrol-electric hybrid models.

The green vehicle rebate scheme was first introduced in January 2001 for electric and hybrid cars, as such cars were deemed environmentally friendlier. As such vehicles were substantially costlier than conventional models, the scheme sought to narrow the price difference to encourage their usage.

Poolman SG

ya hammerhammer told me by text yesterday afternoon ....

Poolman SG

meaning our Wish's benefits will remain .... for another year at least .

I analyse , not likely TransCab will cut further our benefits as they anticipate CNG price will go up further .

If CNG price cost as much as petrol , they have have to rent some space at RWS to park their Toyota Wish .

No benefits , we throw key !

Benefit cut , we throw key !

CNG price up , we throw key !

Uncle Poolman throw key , Poolman kakis also throw key .

Poolman SG

fuck lar Jamine know very much ...... how n what we will , and we can do .

komade SG

throw throw throw~~~~ :P