The Business Times
business-time-50
BRUNCH
·
SUBSCRIBERS

Singapore’s electric dream: 1 to EVs, 0 to plug-in hybrids so far. Here’s why

Branded by critics as a skippable step to fully electric vehicles, a China-driven renaissance could make them relevant again

google-preferred-sourceAdd BT as a preferred source
Derryn Wong

Derryn Wong

Published Fri, Oct 25, 2024 · 02:00 PM
    • As PHEV technology improves, it could offer consumers and business owners an alternative to full EVs long into the future, even in Singapore.
    • As PHEV technology improves, it could offer consumers and business owners an alternative to full EVs long into the future, even in Singapore. ILLUSTRATION: BENJAMIN TAN, BT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    CHIA, who declined to give her full name and works in the financial industry, is the owner of a 2021 Volvo XC40 plug-in hybrid electric vehicle (PHEV).

    A car that can run on petrol and yet be charged by external sources, it gives her the low running costs of an electric vehicle (EV) with the flexibility of choosing not to charge it if doing so is a hassle.

    Chia says that when charged, the car offers enough electric range – 40 km, according to Volvo – to cover her daily commute, and it is cheaper than running on petrol.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Electric vehiclesAutomotiveRoad transportTax incentivesBrunch

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Sales have rebounded in March after the year-end lull and seasonal Chinese New Year pullback.

    Near sell-out launches in March boost developer sales to 1,300 units after four slow months

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    Lim's pay package includes about S$3.6 million as salary and around S$3.9 million as bonus, indicates the company's annual report.

    Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More