Mexican Media Brands
Average License Plate Price in Shanghai: $11,900
The city of Shanghai allocated another 7,400 license plates for private owners in June at an average bid price of 73,900 yuan ($11,900) each, the Shanghai Daily reports.
#regulations
Share
The city of Shanghai allocated another 7,400 license plates for private owners in June at an average bid price of 73,900 yuan ($11,900) each, the Shanghai Daily reports.
The newspaper says there were 135,700 bidders, nearly 22,000 more than in May. Fewer than 6% were successful.
The city is limiting new-vehicle plates to 100,000 this year in an effort to control traffic congestion and air pollution.
RELATED CONTENT
-
Porsche Racing to the Future
Porsche is part of VW Group and it is one of the companies that is involved in putting vehicles on the U.S. market with diesel engines in violation of EPA emissions regulations, specifically model year 2013–2016 Porsche Cayenne Diesel 3.0-liter V6 models.
-
Feds Probe Another Tesla Crash Involving Autopilot Feature
Federal investigators are looking into another crash involving a Tesla Model S electric sedan that was operating in semi-autonomous mode.
-
Self-Driving Chevy Bolt Ticketed for Driving Too Close to Pedestrian
Police in San Francisco ticketed the backup driver in a self-driving Chevrolet Bolt for allowing the car to drive too close to a pedestrian in a crosswalk in San Francisco.