COE quota allocation to increase by 1.2% for August to October
newsare.net
The Land Transport Authority (LTA) has announced that there will be 15,283 Certificates of Entitlement (COEs) made available for the upcoming three-month period from August to October. This represents a 1.2 per cent increase from the preceding three-month perCOE quota allocation to increase by 1.2% for August to October
The Land Transport Authority (LTA) has announced that there will be 15,283 Certificates of Entitlement (COEs) made available for the upcoming three-month period from August to October. This represents a 1.2 per cent increase from the preceding three-month period of May to July where 15,104 COEs were made available. For Category A, which are used for cars with internal combustion engines (ICEs) of up to 1,600cc in capacity and have a power output of less than 130hp, as well as electric cars with a power output of up to 110kW, there will be 5,864 COEs available for the period, which is a 1.5 per cent increase over the 5,775 COEs allocated for the category in May to July. Cat B COEs, which are used for ICE cars that exceed 1,600cc in capacity or have more than 130hp, and electric cars with over 110kW, will see their quota increase by a mere 36 COEs, with 3,980 of them available for the upcoming period. Cat C, which are for goods vehicles and buses, will see the biggest rise in quota for August to October in percentage terms, with an increase of 5.4 per cent to 1,299 COEs available, 67 more than the previous three-month period. Read more