Drivers have more incentive to go green in 2014 [News]

February 23, 2014 by  
Filed under News

By Sumita d/o Sreedharan, TODAY, 22 Feb 2014

Vehicle owners will be given further incentives to go green, after Deputy Prime Minister Tharman Shanmugaratnam announced tweaks to two schemes rolled out last year.

The Early Turnover Scheme, an incentive scheme aimed at encouraging fleet owners to replace old, smoky diesel vehicles with “cleaner” models, will see an enhancement to the bonus Certificate of Entitlement (COE) period, to further incentivise owners to replace their vehicles early.

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Source: TODAY

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