In March this year, Singapore’s Land Transport Authority announced that it would revise the Vehicle Quota System that classifies vehicles into five COE . Under the adjusted system, which is effective from the first COE bidding exercise in May this year, electric vehicles with an output of up to 110 kW will now
Examples of EVs sold in Singapore that have moved from Category B to Category A because of this adjustment include theIt should be noted that this change will only effect EVs, as non-electric cars with an internal combustion engine will still follow the previous requirements for Category A COE. This includes an engine capacity of up to 1,600 cc and a maximum power output up to 97 kW , with the.
The following year, EV registrations in Singapore doubled to 1,120 units and rose higher still to 2,942 units in 2021, signalling increased demand for EVs. However, the revised Category A COE for EVs has also seen COE premiums increase from before, affecting all buyers looking for a vehicle in said category, regardless if its fully electric or not.
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Source: malaymail - 🏆 1. / 86 Read more »
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