It includes reducing upfront costs for EV purchases by up to $40,000.Chee said motorists can now benefit from the Electric Vehicle Early Adoption Incentive and Enhanced Vehicular Emissions Scheme, effectively reducing upfront costs for EV purchases by up to $40,000 this year.
Moreover, the EV Common Charger Grant has co-funded over 1,100 EV chargers at non-landed private residences like condominiums, with funding still available for an additional 900 chargers. Singapore boasts over 7,100 EV charging points, with more than a third of HDB carparks equipped with charging facilities.