Cars

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

General Motors reported a 5.5 per cent increase for the year, boosted by sales of large pickup trucks and SUVs as well as electric vehicles.

US auto sales defy regulatory uncertainty to rise 2% in 2025

[DETROIT] Sales of new cars in the United States rose about 2 per cent in 2025, defying extraordinary disruptions all year in an industry where “black swan” events have become routine.

Lumens says some drivers “found a loophole” in its rental package, which resulted in them paying below the market rate.

Private-hire car rental company Lumens ends leases early for around 100 drivers

The company says some were abusing petrol subsidies with claims as high as S$2,700 a month

The Nio ES8 hit 40,000 deliveries just 100 days after its third generation was launched.
HOT STOCK

Nio shares climb 5.6% on report of more CATL reliance

CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost

Developing a Chinese car culture is a vital means of projecting soft power and building cultural confidence.

To win the global car market, China needs more than EVs

[BEIJING] Automotive culture is the sum of social behaviours, values, beliefs, customs, art forms and lifestyles that revolve around the car. It is about more than a mode of transport; it is about fre...