Cars

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...

In 2026, passenger car COE supply may rise to 50,000, up from around 40,000 in 2025, say car dealers and academics.
OUTLOOK 2026

COE supply expected to rise 20% in 2026, but premiums may not fall in proportion 

Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers

The group says that as at Jun 30, its total assets of around S$316.9 million outweigh its total liabilities of S$301.4 million.

Autobahn-Shariot group reveals possible S$100 million investment, says it is solvent

Shariot could be hived off into a JV with potential investors; group plans to begin repaying debts in January as its liabilities rise

Rickey Tan was engaged in the business of trading car bodies both in his personal capacity and through his company, Car Ranger.

Car body trader gets jail for tax evasion, is fined more than S$800,000

The income tax undercharged across the two years exceeds S$260,000

Court documents mention that the group has financed some 1,200 cars in recent years, with around S$200 million in related debt.

Creditors of Autobahn Rent A Car, Shariot group claim S$38 million more, contrary to group’s own estimates

DBS, UOB, OCBC, Teck Wei Credit and Toyota Financial Services list liabilities higher than those listed by the group

BYD sells the Dolphin Surf for less than 23,000 euros (S$34,830) in Europe.

Europe’s naivety about the China export shock is tragic

Abandoning the 2035 combustion engine ban will not secure the European car industry’s future

The ubiquitous three-door Bluecar electric vehicle has been scrapped, while its larger five-door models have been sold to used car dealerships.

BlueSG disposes of old EVs ahead of relaunch in 2026

LTA blocks the transfer of Bluecars to Tribecar due to EV Sharing Scheme restrictions

The EU executive appears to have yielded to the call from carmakers, as they struggle to compete against Tesla (above) and Chinese electric vehicles.

EU to yield on combustion engines ban after automaker pressure

It will be the union’s most significant climb-down from its green policies of the past five years

Observers say that the price advantage of electric vehicles in Singapore will continue to be as much as S$50,000 cheaper than petrol-powered ones.
OUTLOOK 2026

Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026

The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles

Entangled in a battle in the budget segment with rivals such as Geely and Leapmotor, whose sales kept hitting new highs, domestic EV giant BYD (above) ended November with lower sales than in 2024.

China’s car sales extend decline in November with biggest drop in 10 months

The slump comes amid a waning scramble to buy vehicles before government subsidies dwindle at year-end