The average cost of an electric vehicle (EV) licence in Hong Kong could increase by more than 500 per cent over the next five years, authorities have said, adding that they will also raise the tolls at two tunnels by 60 per cent amid a significant budget deficit. The proposed measures announced by the Transport and Logistics Bureau on Wednesday also included doubling metered parking fees and a 25 to 50 per cent increase in penalties for illegal parking and 19 other traffic violations. The...