Singapore EV sales forecast to rise 34.3 pct in 2026

NAMPA / Xinhua

2026-10-02

SINGAPORE, Oct. 2 (Xinhua) -- Singapore's electric vehicle (EV) sales are forecast to rise 34.3 percent in 2026 to 34,940 units, lifting EVs' share of total vehicle sales to 54.6 percent, BMI Country Risk and Industry Research said on Thursday. The Fitch Group unit attributed the growth to government tax incentives, an influx of affordable models produced in the Chinese mainland and the expansion of charging infrastructure. As of June 2026,......

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