The Electric Vehicle "One-for-One Replacement" Scheme of Hong Kong expired at the end of March and will not be extended. The Transport Department stated that it received about 13,500 applications under the Scheme in March, representing a rally of more than 3x compared with the previous monthly average.The Transport Department indicated that about 85% of the applications had been processed as of the end of April. The remaining applications were mainly submitted in late March and are expected to be processed progressively by mid-month. Related News JPM Upbeat on BYD COMPANY (01211.HK) Citing Three New Positives: Domestic Sales Guidance Beats, Overseas Sales Upside, New Models to Drive Marked Profit Improvement
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