{
  "id": 5047239,
  "title": "Singapore slashes incentives for some heavy EVs to S$15,000 from S$40,000",
  "url": "https://urgent.news/2026/09/02/singapore-slashes-incentives-for-some-heavy-evs-to-s-15-000-from-s-40",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T08:09:03.000Z",
  "source": {
    "name": "The Business Times - Singapore",
    "slug": "the-business-times-singapore",
    "url": "https://www.businesstimes.com.sg/singapore/singapore-slashes-incentives-some-heavy-evs-s15000-s40000"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The change applies to vehicles with a maximum laden weight between 3,500 to 7,000 kg",
  "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."
}