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  • New Carbon Emissions-Based Vehicle Scheme (CEVS) kicking in from January 2013

    31 Dec 2012

    |

    46,576 views

    The new Carbon Emissions-Based Vehicle Scheme(CEVS) will kick in starting January 2013. What exactly is it all about?




    New Carbon Emissions-Based Vehicle Scheme (CEVS) to kick in starting January 2013


    The new Carbon Emissions-Based Vehicle Scheme (CEVS) which will start January 2013, enables all new cars, taxis, and imported used cars registered from 1 January 2013 with low carbon emissions of less than or equal to 160g/km, to qualify for rebates between $5,000 and $20,000, which will be offset against the Additional Registration Fee (ARF) payable.

    On the other hand, cars with carbon emissions more than or equal to 211g/km will incur a corresponding registration surcharge between $5,000 and $20,000. This surcharge will only take effect from 1 July 2013.

    To encourage consumers to shift to more fuel efficient and lower carbon emission models as well as to make informed decisions, the CO2/km, fuel consumption and relative carbon emission performance data for each car model is available on mandatory Fuel Economy Label (FEL) information labels affixed on LTA approved cars that are on sale in showrooms. The label also shows the car banding under the CEVS as well as the corresponding rebate or surcharge.

    The CEVS will be applicable till 31 December 2014 when the scheme will be reviewed, taking into consideration its impact on motorists' purchasing decision, technological advances and the progress in Singapore's overall mitigation efforts on climate change.

    The various bandings of vehicles under the CEVS is shown in the table below:

    CEVS BANDINGS
    BandCarbon emission
    (CO2 g/km)
    REBATES
    (FROM 1 JANUARY 2013)
    SURCHARGES
    (FROM 1 JULY 2013)
    CarsTaxisCarsTaxis
    A10 to 100$20,000$30,000N.A.N.A.
    A2101 to 120$15,000$22,500N.A.N.A.
    A3121 to 140$10,000$15,000N.A.N.A.
    A4141 to 160$5,000$7,500N.A.N.A.
    B161 to 210$0$0$0$0
    C1211 to 230N.A.N.A.$5,000$7,500
    C2231 to 250N.A.N.A.$10,000$15,000
    C3251 to 270N.A.N.A.$15,000$22,500
    C4271 & aboveN.A.N.A.$20,000$30,000
    Please click here for the updated CEVS bandings (as of 1st July 2015)

    .


    24.4k

    Tags

    cevs cevs vehicle scheme carbon emissions based vehicle scheme new cevs cevs starts january carbon emissions scheme carbon emission scheme carbon emission vehicle scheme carbon emissions vehicle scheme

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    New Carbon Emissions-Based Vehicle Scheme (CEVS) kicking in from January 2013

    31 Dec 2012

    |

    46,576 views

    The new Carbon Emissions-Based Vehicle Scheme(CEVS) will kick in starting January 2013. What exactly is it all about?




    New Carbon Emissions-Based Vehicle Scheme (CEVS) to kick in starting January 2013


    The new Carbon Emissions-Based Vehicle Scheme (CEVS) which will start January 2013, enables all new cars, taxis, and imported used cars registered from 1 January 2013 with low carbon emissions of less than or equal to 160g/km, to qualify for rebates between $5,000 and $20,000, which will be offset against the Additional Registration Fee (ARF) payable.

    On the other hand, cars with carbon emissions more than or equal to 211g/km will incur a corresponding registration surcharge between $5,000 and $20,000. This surcharge will only take effect from 1 July 2013.

    To encourage consumers to shift to more fuel efficient and lower carbon emission models as well as to make informed decisions, the CO2/km, fuel consumption and relative carbon emission performance data for each car model is available on mandatory Fuel Economy Label (FEL) information labels affixed on LTA approved cars that are on sale in showrooms. The label also shows the car banding under the CEVS as well as the corresponding rebate or surcharge.

    The CEVS will be applicable till 31 December 2014 when the scheme will be reviewed, taking into consideration its impact on motorists' purchasing decision, technological advances and the progress in Singapore's overall mitigation efforts on climate change.

    The various bandings of vehicles under the CEVS is shown in the table below:

    CEVS BANDINGS
    BandCarbon emission
    (CO2 g/km)
    REBATES
    (FROM 1 JANUARY 2013)
    SURCHARGES
    (FROM 1 JULY 2013)
    CarsTaxisCarsTaxis
    A10 to 100$20,000$30,000N.A.N.A.
    A2101 to 120$15,000$22,500N.A.N.A.
    A3121 to 140$10,000$15,000N.A.N.A.
    A4141 to 160$5,000$7,500N.A.N.A.
    B161 to 210$0$0$0$0
    C1211 to 230N.A.N.A.$5,000$7,500
    C2231 to 250N.A.N.A.$10,000$15,000
    C3251 to 270N.A.N.A.$15,000$22,500
    C4271 & aboveN.A.N.A.$20,000$30,000
    Please click here for the updated CEVS bandings (as of 1st July 2015)

    .


    24.4k

    Tags

    cevs cevs vehicle scheme carbon emissions based vehicle scheme new cevs cevs starts january carbon emissions scheme carbon emission scheme carbon emission vehicle scheme carbon emissions vehicle scheme

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