Singapore’s electric heavy vehicle incentives will kick-start adoption, but not that soon: industry players

[SINGAPORE] Upcoming incentives for electric heavy vehicles (EHVs) and their charging infrastructure should spur adoption and accelerate the introduction of more models to Singapore, said industry observers.

But as these subsidies begin only in 2026, companies might hold off on EHV purchases until then, they added.

The Heavy Vehicle Zero Emissions Scheme and Electric Heavy Vehicle Charger Grant were announced earlier in March. The first provides a S$40,000 incentive to businesses that register a fully electric commercial vehicle – including goods vehicles, goods-cum-passenger vehicles and buses – with a maximum laden weight of more than 3,500 kg.