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Drivers in Singapore have to pay £87,000 for a certificate to own a car

Introduced in 1990, Singapore has a 10-year ’certificate of entitlement’ (COE) system – which is used to control the number of vehicles in the state

Italy weighs auto incentive scheme to cut Chinese EV price advantage

ROME (Reuters) -Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports. The scheme, inspired by one adopted in France last month, would potentially discourage purchases of Chinese-built electric cars (EVs), imports of which are increasing in Europe helped by lower prices than those produced by local au

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