Automotive
Budget 2026: PARF rebate changes could boost EV adoption and COE renewals but dampen luxury car sales
Observers say that the reduction of de-registration rebates for cars will favour electric vehicles over petrol and petrol-electric hybrids
China bans below-cost car sales to end prolonged price war
Despite Beijing’s efforts to stamp out aggressive discounting, the new year has brought a new round of price cuts
Shell revamps Select convenience stores with Watsons, Hooga, Vivino tie-ups
Debuting in 12 locations, the outlets will have an expanded product range, including those for health, wellness and lifestyle products
Carsome charges into EV resale market as electric cars gain traction in South-east Asia
With EV depreciation outpacing that of conventional cars, the e-commerce platform wants to plug the gaps for its next growth play
SP Group and Huawei introduce Singapore’s fastest EV charger with battery storage
It is rated for a maximum power of 480 kW and can add 200 km of range in five minutes for compatible vehicles
Premiums for all COE categories drop, led by large cars with 9% decrease
At S$110,890, Category B touches an almost 12-month low
China bans hidden car door handles in world-first safety policy
Tesla’s doors are already the target of a safety probe in the US
Automobile Association of Singapore rolls out first of its kind insurance for rental cars overseas
An annual plan, it will cover additional charges beyond the basic rental car protection coverage such as window or tyre damage and towing fees
Singapore motorcycle rental company GoTakeBike to sue competitor MeGoRide, ex-founder
The company will seek damages against ex-founder Matthew Soh for breach of confidence; competing firm MeGoRide must suspend operations
Japan’s Nidec delays results again, vows culture reform after crisis
The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board
