Financial Secretary Paul Chan announced on Wednesday that the government will extend tax concessions for electric vehicles for two years, but the amount will be cut by 40 percent. The concessions were first introduced in 2018 and were due to expire at the end of next month. The maximum first registration tax concession for electric private cars will be cut from HK$97,500 to HK$58,500. Under a scheme designed to encourage car owners to scrap their old cars and swap them for electric vehicles, the...