REGISTRATIONS of electric vehicles (EVs) in Singapore surged 50.5 per cent year on year in 2023, but industry watchers do not think that demand will soon stall, like what is happening in China and the West.

According to Land Transport Authority (LTA) numbers published on Monday (Jan 29), the Republic registered 5,468 EVs in 2023, 50.5 per cent higher than 3,634 in 2022.

The adoption rate of EVs in Singapore climbed to 18.1 per cent of total car registrations of 30,225 in 2023, compared to 11.7 per cent in 2022.