Cars

BYD dominates new car sales in Singapore with over 20% market share

Toyota comes in second, while BMW, Mercedes-Benz and Honda round out the top five brands

EV adoption in Singapore has been driven by incentives and Chinese carmakers offering cost-effective models.

EVs made up record 45% of new car registrations in Singapore for 2025

Electric vehicles have overtaken petrol-electric hybrids as the most common type of new car in the Republic

The new quota includes 25% of replacement COEs from vehicles deregistered between January 2025 and December 2025.

COE quota dips 0.8% to 18,824 for February to April

This is the first time it has declined since the November 2022 to January 2023 period

This was the first round of bidding since the close of the Singapore Motorshow 2026.

Mainstream car COE rises 7.3%, large cars up 2.1% in post-motor show event

Most premiums go up, with only the commercial vehicle and Open category dipping

A look at how lower incentives and more competition will reshape the EV market and COEs in Singapore in 2026.

Will lower incentives shake up Singapore’s EV boom?

EV incentives are falling in Singapore this year, will Singapore’s electric car boom still have momentum? Derryn Wong finds out.

Existing car owners are allowed to renew COEs for a minimum period of five years as a a concession.

Government rejects call for shorter COE renewal tenures

Shorter COE renewal duration will amplify peak and trough of cycles, says Acting Minister for Transport Jeffrey Siow

Chinese EV giant BYD became the top-selling brand in Singapore in 2025.

More Singapore drivers plan to return to petrol cars as EV interest dips: EY study

Respondents cite lingering anxieties over charging infrastructure and hidden costs

Chinese luxury car brand Hongqi has launched the E-HS9, an EV that could cost around S$500,000.

China brands go upmarket as Japan mounts EV charge at Singapore Motorshow

Models from Chinese carmakers priced from S$500,000 debut; Toyota and Honda officially introduce electric vehicles

The gain, primarily from share price changes of its listed investments, amounted to marked-to-market values of HK$280 million.

Auto dealer Tan Chong expects HK$327 million in gains from investments in 2025

It expects to report its financial performance before end-March 2026

In contrast to the dip posted in Category A, Category B's premium is up 3.5% or S$3,998 at S$119,100.

Mainstream car COE premium down nearly 7% as big car category ticks up 3.5%

Results in the latest bidding round are mixed; premium for commercial vehicles dips, while motorcycle and Open categories rise