EVs made up almost 60% of new car registrations in Singapore in Q1 2026
Electric vehicle players in Singapore say they are seeing a surge in sales, as the appeal of petrol cars weakens, following recent changes to early car deregistration rebates. According to the latest figures by the Land Transport Authority, of the more than 13,000 new cars registered in Q1 2026, about 58% were EVs. Industry players say EV incentives, along with higher taxes on higher-emission vehicles, are likely to support further growth in EV market share.Editor's note: The firm mentioned at 1:47 is an authorised distributor of Alfa Romeo and Jeep, not a parallel importer.
Electric vehicle players in Singapore say they are seeing a surge in sales, as the appeal of petrol cars weakens, following recent changes to early car deregistration rebates. According to the latest figures by the Land Transport Authority, of the more than 13,000 new cars registered in Q1 2026, about 58% were EVs. Industry players say EV incentives, along with higher taxes on higher-emission vehicles, are likely to support further growth in EV market share.Editor's note: The firm mentioned at 1:47 is an authorised distributor of Alfa Romeo and Jeep, not a parallel importer.
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