Why COE bidding gives this seasoned motor dealer a heartache

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A seasoned motor industry insider says the COE system is bad for health because of the stress that comes with not knowing “the full picture”.

In our COE Watch podcast episode, Ms Sabrina Sng , a managing director at Wearnes Automotive, discusses the general uncertainty over the quota system and EV adoption with ST's senior transport correspondent Lee Nian Tjoe .

Synopsis: The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends. The adoption of electric vehicles in Singapore seems to be tracking well. In 2023, 18.2 per cent of all new car registrations were EVs. This was up from 11.7 per cent in 2022.

In this episode, host Lee Nian Tjoe speaks with Ms Sabrina Sng, a managing director at Wearnes Automotive. This seasoned motor dealer - with 20 years of experience - believes that the general uncertainty over how the price of certificate of entitlement will develop, is hampering Singapore’s efforts to get more car buyers to opt for electric vehicles .

Source: News Formal (newsformal.com)

 

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