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According to statistics from the Land Transport Authority, there were 10,848 petrol-electric hybrid cars on Singapore roads as of January this year.

06 Mar 2017 | Local News : Singapore


There are more hybrid cars here now, in part because motorists are attracted by the low fuel consumption and high rebates on the cost of these vehicles. The numbers suggest private-hire car services Uber and Grab may have also fuelled this increase. According to statistics from the Land Transport Authority, there were 10,848 petrol-electric hybrid cars on Singapore roads as of January this year. This is an increase of about 70 percent from 2015, when there were 6,371 such cars.

The increase corresponds with the change in the maximum rebate given under the Carbon Emissions-based Vehicle Scheme, which is aimed at encouraging motorists to switch to low carbon emission vehicles. In July 2015, the maximum rebate was revised from $20,000 to $30,000. The amount is offset against the car's additional registration fee, a tax imposed upon the registration of a vehicle. There is little difference in the selling price of a hybrid model and its petrol-based counterpart.

For instance, a hybrid Honda Vezel is about $2,000 more after the rebate. Mr. Derek Low, Director of Venture Cars dealership, said hybrids now make up 60 percent of all cars sold by his company. Private-hire car services, which almost doubled the rental car population from 29,369 in 2015 to 53,589 this year, also feature hybrids as part of their fleets. Grab offers the Toyota Prius, while Lion City Rental, owned by rival Uber, rents the Honda Vezel hybrid and the Prius.
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