EVs continue to dominate Singapore Motorshow as China entrants roll in; BYD, VW sit out event
DeeperDive is a beta AI feature. Refer to full articles for the facts.
IN A sign of Singapore’s continued shift away from petrol-powered cars, electric vehicles (EVs) made up the majority of the car debuts at the Singapore Motorshow 2024.
In anticipation of increased EV adoption this year, as fully electric rides remain eligible for various incentives, mainstream carmakers are introducing more models and foreign brands are rolling in.
Six new Chinese brands – most of them EV players – made debuts at the show, which runs from Jan 11 to 14 at Suntec City and is organised by the Motor Traders Association of Singapore (MTA).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report