Singapore is making a big push for cleaner transport, with several schemes relating to EVs unveiled in this year’s Budget. “While we are going car-lite, we can further reduce emissions by switching to cleaner-energy vehicles,” DPM Heng said in Parliament on Tues. He added that EVs are the most promising clean-energy vehicle technology today. The government will set aside S$30 million over the next five years for EV-related initiatives, such as measures to improve charging provision at private premises. This is meant to catalyse the partnership between the public and private sectors, and comes as Singapore is accelerating the development of its charging infrastructure, he said. “We aim to deploy 60,000 charging points at public car parks and private premises by 2030 – more ambitious than our previous target of 28,000,” he added. The government will also narrow the cost differential between electric cars and ICE cars, to further encourage the early adoption of EVs. The ARF floor will be lowered to zero for electric cars, from Jan 2022 to Dec 2023. This will enable mass-market buyers to maximise the rebates from the EEAI.... Continue Reading