Bidding for the new quota period will start on 7 August 2023.
COE supply for the upcoming August to October 2023 quota period will see an increase from the May to July 2023 period. will be issued for the quota period of August to October 2023.
The new quota, of which the bidding starts on 7 August 2023, is an increase of about 5.6 per cent from the current May to July 2023 quota of 10,431 COEs. Overall, all COE categories will see an increase in the new quota period with the exception of the motorcycles category, which will see a drop from 3,255 COEs in the current quota period to 2,957 COEs.
Category A – which includes cars up to 1,600cc and 130bhp or electric vehicles up to 110kW – will see an increase from 3,358 COEs in the current quota to 3,785 COEs while larger cars, or Category B, will see an increase from 2,663 COEs in the current quota to 2,816 COEs. Commercial vehicles, or Category C, will see an increase from 411 COEs in the current quota to 684 COEs while the Open Category will see an increase from 744 COEs in the current quota to 777 COEs.
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