Today, consumers are spoiled for choice when it comes to choosing an EV to own. Established ICE carmakers in Singapore — from Japanese and Korean brands to continental marques — are rolling out a wide range of EV models. Additionally, new brands, especially from China, are muscling their way into the market.
The automotive industry is shifting towards electric vehicles (EVs) after the Singapore government announced that all vehicles must run on cleaner energy by 2040. This will phase out internal combustion engine (ICE) vehicles, which is a pivotal step towards achieving the country’s net-zero target.
In tandem, the government has been creating the necessary infrastructure to support EVS. Charging points are progressively set up in both public and private premises to alleviate range anxiety in EV owners. At the same time, monetary incentives and tax rebates have been introduced to encourage consumers to hop on the EV bandwagon.
