LTA: Singapore's EV landscape progressing steadily

Singapore's move towards cleaner energy vehicles is going according to plan, it seems.

The LTA has released on Monday (5 August 2024) an updated electric vehicle (EV) factsheet, which revealed that charging infrastructure across our island has continued to expand steadily and as planned.

Around 13,800 EV charging points have been registered islandwide to date, with approximately half of all HDB carparks now having registered charging points 

Around 13,800 EV charging points have been registered islandwide to date. These include, firstly, charging points in approximately half of all HDB carparks (or around 1,000 carparks). The LTA states that its subsidiary, EV-Electric Charging Pte Ltd (Eve), is on track to install charging points at all HDB towns by end-2025.

It's not just in public estates, however, where the number of charging stations has grown.

If you stay in a condominium, it's highly possible that you've already gotten - or are on track to receive - charging stations at your carpark. Under the EV Common Charger Grant (ECCG), more than 1,200 chargers have been co-funded by the LTA to date.

The ECCG serves as an early adoption incentive, and seeks to ramp up the installation of charging points in Non-Landed Private Residences (NLPRs), by co-funding 50% of the cost components 2,000 smart chargers (valid until 2025, whichever is earlier). This means that more than half of the grant has already been utilised thus far.

Electric cars made up almost one-third of all new cars registered for the first half of 2024 

The LTA also foresees that one in five NLPRs will be equipped with charging points by end-2024.

The updated charging infrastructure factsheet comes as EV registrations in Singapore continue to hit new highs.

For the first half of 2024, electric cars made up close to a third of all new cars registered - a significant rise from 18% in 2023, and just 12% in 2022. Nonetheless, electric cars still make up a small proportion of Singapore's total car population - just 2.7%, or just close to 18,000 cars.

As the EV landscape matures further, the LTA has outlined plans to further streamline regulatory requirements. Set to take effect in the fourth quarter of 2024, registration fees for chargers used for educational and research and development purposes will be waived, in order to facilitate innovation and skills upgrading for the sector.