It is a practical way of using EVs sans purchasing vehicles with pricey COE.One of the barriers hindering the EV switch is an expensive certificate of entitlement but, Bhattarai is hopeful that the government’s initiatives will help mitigate the high COE costs.
“While it may take some time for the impact of these measures to be fully realised, it is expected that the high cost of COEs will gradually become less of a hindrance to the adoption of EVs in Singapore,” he added. “This contributes to a more sustainable mobility landscape in Singapore and has the potential to motivate more residents to make the switch to EVs,” said Bhattarai.Since you're here...
Source: Car News Wire (carnewswire.net)
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