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It was only in February last year that Singapore announced that it would be — in the words of Deputy Prime Minister Heng Swee Keat as he unveiled the 2020 Budget — “placing a significant bet on EVs and leaning policy in that direction because it is the most promising (cleaner vehicle) technology”.
Mr Heng said the country would roll out 28,000 charging points at public car parks islandwide by 2030, with an eye to phasing out all petrol and diesel cars by 2040.
He also announced an EV early adoption incentive to narrow the upfront cost difference between an EV and an equivalent internal combustion engine (ICE) vehicle by up to S$20,000.
The push towards EVs has gathered speed since then, with the unveiling of the Singapore Green Plan 2030 on Feb 10 this year, which sets new goals for all car registrations to be cleaner-energy models from 2030, and 60,000 charging points to be built by the same year — more than double the original target.