Posts tagged ‘Vehicle registration plate’

23/12/2013

China city caps car-buying to curb pollution | South China Morning Post

Another Chinese city has capped the total number of car licence plates it will issue annually, state media said Sunday, following moves by Beijing and other metropolises to curb pollution and congestion.

The world’s most populous nation is also the world’s largest car-buyer. But it is trying to curb poor air quality and other environmental damages caused by rapid development.

Tianjin, a coastal city near Beijing with 14 million people and 2.36 million registered motor vehicles last year, will cap new car plates to 100,000 a year, the official Xinhua news agency reported.

The government will award 60,000 plates by lottery, reserving 10,000 of these for fuel-efficient cars, and auction the remaining 40,000.

Of the total plates issued, 88 per cent will go to individuals and the rest to companies and other entities, while government bodies will be ineligible, Xinhua said.

Although the details were reported over the weekend, the policy was announced a week earlier and took effect five hours later, sparking “overnight panic buying”, it added.

Four other cities — Beijing, the commercial hub of Shanghai, Guiyang in the southwest and Guangzhou in the south — have imposed similar restrictions.

Beijing, whose population tops 20 million, launched a lottery system in 2011 for an annual maximum of 240,000 car registrations.

The capital has more than 5.3 million cars on the road, Xinhua said. Demand is so high that applicants have just a 1 in 80 chance, the China Daily newspaper said in October.

Guangzhou last year capped registration for small- and medium-sized cars at 120,000. The city of 16 million people had about 2.4 million cars on the road as of May, local media reported at the time.

Starting next March, Tianjin will also restrict a fifth of private vehicles from using the road on workdays depending on their plate number — a practice first introduced in Beijing in 2008.

via China city caps car-buying to curb pollution | South China Morning Post.

27/04/2013

* In China, the license plates can cost more than the car

Something like this used to be for Singapore care owners.

25/01/2013

* License plates for automobiles in Shanghai can cost as much the cars

WSJ: “A Shanghai license plate now costs as much as a new mid-range sedan.

The average price for a Shanghai plate soared to 75,000 yuan ($12,000) at the city’s license plate auction over the weekend, roughly equal to the retail price of a brand new, fully loaded Geely MK-II sedan. Shanghai plates went for an average of 50,000 yuan a year ago, meaning prices have risen nearly 2,000 yuan a month.

Yolanda Dong, a market manager at a Japanese firm, paid 77,000 yuan for her plate. By comparison, her Peugeot 307 cost her 100,000 yuan.

“I had to buy the plate no matter what,” said Ms. Dong, who bought her car four months ago and has been bidding to get a Shanghai plate since then. “I can’t have my car sitting there doing nothing.””

via License plates for automobiles in Shanghai can cost as much the cars they are intended to adorn. – China Real Time Report – WSJ.

27/08/2012

* Car plate applicants exceed 1m in Beijing

China Daily: “A record 1-million-plus people in Beijing competed for fewer than 20,000 registration certificates qualifying them to buy cars through a lottery system on Sunday.

With a fixed number of car registrations issued each month and a lengthening waiting list, many potential car buyers are losing hope.

Some 1.05 million qualified applicants entered the registration lottery in August – 110,000 of them for the first time – and only 19,926 registrations will be issued, the city office in charge of the lottery system said on Saturday.

One in every 53 applicants will get the registrations, 80 percent fewer than in January last year, when Beijing introduced the lottery system to cap new car ownership at 240,000 a year.”

via Car plate applicants exceed 1m in Beijing |Society |chinadaily.com.cn.

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