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Singapore has taken a significant step in its national agenda to transition to clean energy, with the commencement of the Electric Vehicles Charging Act 2022 (EVCA) on Dec 8. This law forms the missing puzzle piece, which has remained a key limiting factor in local conversion to electric mobility. Above it all, the EVCA symbolises a clear mandate for the...
In the 1st COE bidding exercise for December 2023, Cat A closed at $88,020, Cat B closed at $130,100, Cat C closed at $71,001, Cat D closed at $9,858, while Cat E closed at $133,388. Cat A (car up to 1600cc or 130bhp, and EV with up to 110kW) received 1,233 bids for 928 COEs and its premium increased by...
As COE premiums tower over at record heights — and as the LTA continues to make one-off changes — it appears unlikely that the quota will rise in November. After $100,000, then $120,000 became the new normal to pay for a COE, will $140,000 now be the standard moving forward? Every half-year period has seemingly brought with it revisions to...
As COE premiums tower over at record heights - and as the LTA continues to make one-off changes - it appears unlikely that the quota will rise in November.
AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. Electric vehicles (EVs) in Singapore are about to get more expensive. A day after the record-breaking COE bidding prices announced on the Sept 20, 2023, the Land Transport Authority (LTA) and National Environment Agency...