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Singapore Extends Rebates for EVs, Favoring Chinese Brands
ByAinvest
Tuesday, Sep 9, 2025 9:43 pm ET1min read
Singapore has extended EV incentives for at least 12 months, tightening its vehicular emissions scheme until 2027. The city-state aims to phase out fossil fuel-powered vehicles by 2040. Chinese automakers like BYD are gaining share in Singapore's market due to competitive pricing and government incentives. More Chinese EV makers are launching in Singapore, with Jiangxi Jiangling Group and Nio set to debut their products in the coming months.
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