In his speech on budget, Finance Minister Heng Swee Keat said Singapore’s visionis to phase out internal combustion engine (ICE) and have vehicles run oncleaner energy by 2040.
According to the minister, measures to encourage electric vehicle adoption include a registrationfee rebate on purchases of fully electric car and taxis.
Besides, Singapore will expand public charging infrastructure to 28,000 points by2030 from 1,600 now.
The country is one of the most expensive places in the world to buy a car and there are few electricvehicles on the roads./.