Lifestyle
The Land Transport Authority (LTA) has announced that it will be revising the rebates for electric vehicles (EVs) in Singapore starting from January 2026.
From Jan 1, cars falling under the current Band A1 of the Vehicular Emissions Scheme (VES), which are mostly EVs, will see their rebate reduced from $25,000 to $22,500.
In addition, the Electric Vehicle Early Adoption Initiative (EEAI) will also be revised. The initiative currently offers a rebate of up to 45 per cent off the Additional Registration Fee (ARF) from an EV, capped at a maximum of $15,000. This cap will be reduced to a maximum of $7,500 from Jan 1 onwards as well.
In sum, this means that the total amount of rebates that EVs can enjoy will effectively be reduced from a maximum of $45,000 currently to $30,000 come next...
