Singapore slashes incentives for some heavy EVs to S$15,000 from S$40,000
Singapore has reduced incentives for some heavy electric vehicles (EHVs) to S$15,000 from S$40,000, according to the Land Transport Authority (LTA). This change applies to vehicles with a maximum laden weight between 3,500 to 7,000 kg. However, EHVs with a maximum laden weight above 7,000 kg will still receive the higher incentive of S$40,000.
The LTA introduced the Heavy Vehicle Zero Emissions Scheme in January 2026, which initially offered all EHVs S$40,000 each to encourage the adoption of less polluting, fully electric heavy vehicles. The scheme has been successful, with EHVs making up 30% of heavy vehicle registrations in July 2026, compared to less than 1% in 2025.
The LTA stated that the take-up of EHVs has been "particularly strong" for vehicles with a maximum laden weight between 3,500 and 7,000 kg. The incentive will continue to be applicable to EHVs with a maximum laden weight above 7,000 kg, as the cost differential with their internal combustion engine (ICE) equivalents remains significant.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
