From January to August this year, 80% of newly registered vehicles in Singapore were clean-energy models. (Photo: iStock)
As electric vehicles (EVs) gain traction, Singapore has revised its incentive schemes to further accelerate adoption. The Electric Vehicle Early Adoption Incentive (EEAI) and the Vehicular Emissions Scheme (VES) will be extended, but rebates for hybrid cars will be removed. At the same time, surcharges on traditional fuel-powered vehicles will rise, narrowing the cost gap with EVs.
