Singapore is accelerating its transition towards cleaner transportation, with the goal of achieving 100% cleaner-energy vehicle registrations by 2030 and reducing land transport emissions in support of the nation’s net-zero ambitions. To encourage EV adoption, the government has introduced a range of grants, rebates, and incentives for both private vehicle owners and businesses.
Whether you’re considering an electric car, electric van, electric truck, or EV charging infrastructure, here’s a complete guide to the available EV grants and incentives in Singapore.
1. EV Early Adoption Incentive (EEAI)
The EV Early Adoption Incentive (EEAI) helps reduce the upfront cost of purchasing a fully electric car or taxi.
How Much Can You Save?
For vehicles registered between 1 January 2026 and 31 December 2026:
- 45% rebate on the Additional Registration Fee (ARF)
- Maximum rebate of $7,500 per vehicle
The EEAI will cease after 31 December 2026 as EV adoption becomes more widespread.
Who Is Eligible?
- New fully electric cars
- Imported used fully electric cars
- Electric taxis
The rebate is automatically applied during vehicle registration.
2. Enhanced Vehicular Emissions Scheme (VES)
The Vehicular Emissions Scheme (VES) rewards buyers of cleaner vehicles and imposes surcharges on more polluting models.
Available Rebates
Electric vehicles that qualify for the cleanest emissions band can receive rebates of:
- Up to $22,500 in 2026
- Up to $20,000 in 2027
When combined with the EEAI, buyers of qualifying electric cars can receive significant savings on registration costs.
Why It Matters
The VES is one of the largest incentives available to EV buyers and significantly narrows the price gap between electric vehicles and traditional internal combustion engine (ICE) vehicles.
3. Commercial Vehicle Emissions Scheme (CVES)
Businesses purchasing cleaner commercial vehicles can benefit from the Commercial Vehicle Emissions Scheme (CVES).
Incentive Amounts
Depending on the vehicle’s emissions performance:
- Up to $20,000 incentive for the cleanest commercial vehicles
- Surcharges of up to $15,000 for the most polluting vehicles
The scheme applies to light commercial vehicles such as vans and light-duty trucks.
Ideal For
- Delivery companies
- Service fleets
- SMEs transitioning to electric vans
- Last-mile logistics operators
4. Heavy Vehicle Zero Emissions Scheme (HVZES)
For companies adopting electric heavy vehicles (eHVs), the Heavy Vehicle Zero Emissions Scheme (HVZES) provides one of the largest incentives currently available.
Grant Amount
- $40,000 incentive per new zero-tailpipe emissions heavy goods vehicle or bus
Grant Period
1 January 2026 to 31 December 2028
Eligible vehicles include:
- Electric trucks
- Electric buses
- Electric coaches
- Other qualifying heavy vehicles with zero tailpipe emissions
This incentive is designed to accelerate the electrification of Singapore’s commercial transport sector.
