The Land Transport Authority (LTA) is continuing its vehicle electrification efforts.

In 2024, electric vehicles (EVs) accounted for approximately one-third of all new cars registered, compared with 18% in 2023. Around half of all new light goods vehicle (LGV) registrations were also EVs. The share of EVs and electric LGVs in Singapore's vehicle population stood at 4% and 4.7%, respectively, at the end of 2024.

There are currently around 52,000 heavy vehicles in Singapore, contributing approximately 31% of land transport emissions. With a growing number of electric heavy vehicle models available in the market, efforts to decarbonise this segment are being undertaken as part of broader land transport objectives.

In 2024, 0.9% of newly registered heavy goods vehicles (excluding buses) and 12.6% of newly registered buses were electric.

To support the decarbonisation of heavy vehicles, LTA will introduce the Heavy Vehicle Zero Emissions Scheme (HVZES) and the Electric Heavy Vehicle Charger Grant (EHVCG). These initiatives are intended to reduce the ownership cost gap between electric heavy vehicles (eHVs) and internal combustion engine (ICE) heavy vehicles, while supporting the deployment of eHV charging infrastructure.

In addition, LTA will extend and expand the EV Common Charger Grant (ECCG) to encourage further charger deployment at non-landed private residences (NLPRs), such as condominiums.

Under the HVZES, owners registering a zero tailpipe emissions heavy goods vehicle or bus, including goods-cum-passenger vehicles with a Maximum Laden Weight (MLW) exceeding 3,500 kg, will receive an incentive of SGD 40,000 (US$ 31,400).

The incentive will be disbursed automatically in tranches over three years: SGD 13,000 upon vehicle registration, SGD 13,000 on the first anniversary, and SGD 14,000 on the second anniversary. The scheme will commence on January 1st, 2026, and will remain available for three years until December 31st, 2028.

LTA will also introduce the EHVCG to expand the eHV charging network and support the installation of charging points. The scheme will co-fund up to 50% of eHV charger installation costs, capped at SGD 30,000 per charger. The grant will apply to the first 500 chargers, with a limit of up to three chargers per site. Companies will be required to purchase at least one eHV per charger, and the charger must be installed at the owner's place of business.

The chargers must be installed at designated lorry or coach parking lots and must have a minimum power rating of 50 kW. This scheme will also commence on January 1st, 2026, and will remain available for three years until December 31st, 2028. Further details on the application process will be provided later in the year.

LTA will extend the ECCG by one year until December 31st, 2026. The total number of EV chargers co-funded under the scheme will be increased from 2,000 to 3,500. To date, approximately 1,700 chargers have been installed across more than 500 NLPRs under the ECCG.

For the additional 1,500 chargers under this expansion, the ECCG will continue to co-fund 50% of the cost of smart chargers, with a revised cap of SGD 3,000 per charger, for up to 1% of parking spaces at each NLPR. The ECCG will remain available until December 31st, 2026, or until 3,500 chargers have been approved for co-funding, whichever occurs earlier.