Driving an Electric Vehicle (EV) halves our carbon footprint, compared to driving a similar vehicle powered by an internal combustion engine. EVs are also quieter for a more pleasant environment to everyone around it.
To support the transition and adoption of electric vehicles, we have introduced measures and made policy changes to reduce the cost of buying and owning an electric vehicle, as compared to a hybrid or internal combustion engine vehicles. These include:
Learn more about the revised road tax framework.
It is important to have good and clear regulations to develop a robust EV ecosystem in Singapore. Our national EV charging standards, Technical Reference 25 (TR25) is periodically reviewed by representatives from industry, academia and government agencies to ensure that it remains aligned to industry best practices.
In July 2021, we vested new statutory functions in LTA to promote and regulate the safe use of EVs and EV charging. The Electric Vehicles Charging Act, passed in November 2022, puts in place the regulatory regime to ensure that Singapore’s EV charging network is safe, reliable and accessible.
We aim to deploy 60,000 EV charging points across Singapore by 2030, comprising 40,000 in public car parks and 20,000 in private premises. Every HDB town will be EV-ready by 2025, with close to 2,000 HDB carparks to be fitted with EV charging points.
Under the LTA-URA pilot tender, we have completed the deployment of more than 600 EV charging points in over 200 public car parks across Singapore. In November 2022, we awarded the first large-scale tender, which will see charging points deployed across all HDB carparks by the end of 2025.
For non-landed private residences such as condominiums and private apartments, installing shared charging infrastructure can sometimes be a challenge. The EV Common Charger Grant in July 2021 serves to catalyse the deployment of EV chargers in these premises by co-funding installation costs. The Grant will be available until 31 December 2025, or until 2,000 chargers have been supported by co-funding, whichever is earlier.
With the expansion of our charger network, we will also foster a culture of responsible and gracious sharing of charging infrastructure.