{
  "id": 12098042,
  "title": "EVs to make up over half of Singapore vehicle sales in 2026, BMI says",
  "url": "https://urgent.news/2026/10/05/evs-to-make-up-over-half-of-singapore-vehicle-sales-in-2026-bmi-says",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T07:00:58.000Z",
  "source": {
    "name": "e27",
    "slug": "e27",
    "url": "https://e27.co/evs-to-make-up-over-half-of-singapore-vehicle-sales-in-2026-bmi-says-20261005/"
  },
  "original_language": "en",
  "account": "By 2026, electric vehicles (EVs) in Singapore are set to make up over half of all vehicle sales, according to BMI Country Risk and Industry Research, a Fitch Group unit. EV sales are projected to surge by 34.3% that year, reaching 34,940 units and accounting for 54.6% of total vehicle sales. By 2035, EVs are expected to represent 44% of all vehicles in Singapore, with EV sales comprising 85% of total vehicle sales. Singapore's EV market has grown rapidly, with EVs accounting for 70% of new vehicle registrations as of June 2026. This rapid growth is attributed to factors such as a high-income consumer base, compact geography, and strong regulatory capacity. However, the transition is also influenced by policy design, charging infrastructure, fleet electrification, and ownership economics in a country that aims to limit the number of cars. Government incentives, such as the EV Early Adoption Incentive and the Enhanced Vehicular Emissions Scheme, play a significant role in driving adoption, despite Singapore's high costs associated with car ownership.",
  "summary": "Singapore’s electric vehicle (EV) market is no longer waiting for a breakthrough moment. In 2026, the shift is already visible on the road, in dealerships, and across public car parks where chargers have become a more common part of the urban landscape. But the next stage of growth may be harder than the first. EV […] The post EVs to make up over half of Singapore vehicle sales in 2026, BMI says…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}