1. Singapore has accepted the United States’ invitation to join the Collective 2030 Zero-Emission Vehicle (ZEV) Deployment Goal (“Goal”) on 18 November 2022, at the 2022 United Nations Climate Change Conference (COP27).
2. The Goal was initiated by the President of the United States (US) Joe Biden at the Major Economies Forum on Energy and Climate in June 2022. The US’s objective of initiating the Goal is to accelerate action and help speed up global transformation of the automotive sector. Countries joining the Goal collectively target to have ZEVs (which include battery electric vehicles, fuel cell electric vehicles, and plug-in hybrid vehicles) comprise 50 percent of new light-duty vehicle sales by 2030. This is an aspirational, non-binding goal – actions of specific countries towards its achievement are to be in line with their respective national circumstances, and are not conditioned upon reciprocal actions by other participants. Since July 2022, Canada, Chile, the European Commission, France, Germany, Italy, Mexico, Norway, and the United Kingdom have joined the Goal.
3. Singapore’s participation in the Goal underscores our commitment to achieve a more sustainable land transport system, with vehicular electrification as one of our key thrusts. This comes on the back of strong momentum in electric vehicle (EV) adoption in recent months. ZEV registrations this year have so far accounted for over 10% of all new vehicle registrations, almost triple the rate in 2021.
4. Singapore’s Minister for Transport and Minister-in-charge of Trade Relations, Mr S Iswaran, said, “Climate action is a global responsibility. The Collective 2030 Zero-Emission Vehicle Deployment Goal represents a shared aspiration among like-minded countries in transiting to a greener land transport sector. It is aligned with Singapore’s vision to electrify our vehicle population, and the steps we have and will take towards it. This includes ceasing the registration of new internal combustion engine cars and taxis from 2030, and phasing out internal combustion engine vehicles from our vehicle population by 2040. Singapore looks forward to working with the international community to build a low-carbon future.”