It was reported by LTA that at end 2024, Singapore's population of electric cars and electric LGVs stood at 4% and 4.7% respectively. Additionally, there are about 52,000 heavy vehicles in Singapore contributing to about 31% of our land transport's emissions, and in 2024, only 0.9% of newly registered heavy goods vehicles (excluding buses) and 12.6% of newly registered buses were electric.
To support Singapore's overall land transport decarbonisation, LTA will introduce the Heavy Vehicle Zero Emissions Scheme (HVZES) and Electric Heavy Vehicle Charger Grant (EHVCG).
Under the HVZES initiative, owners who register a zero-tailpipe emissions heavy goods vehicle or bus, including goods-cum-passenger vehicles, with a Maximum Laden Weight (MLW) of more than 3,500kg will receive an incentive of $40,000. The incentive will be automatically disbursed in tranches to the vehicle owner over three years: $13,000 upon vehicle registration, $13,000 on the first anniversary, and $14,000 on the second.
The EHVCG initiative seeks the improve the eHV charging network and support the installation of charging points for eHV owners by co-funding up to 50% of costs, capped at $30,000 per charger. The grant will be applicable to the first 500 chargers, with a limit of up to three chargers per site. Companies will need to purchase at least one eHV with each charger and the charger must be deployed at the owner's place of business. In addition, the charger must also be installed at designated lorry or coach lots and have a minimum power rating of 50kW. LTA will provide more details on the application process later in 2025.
Both schemes will commence from 1 January 2026 and will be available for three years until 31 December 2028.
LTA will also extend the EV Common Charger Grant (ECCG) by another year to further encourage charger deployment at non-landed private residences (NLPRs). The total number of EV chargers co-funded under the ECCG will also be expanded from 2,000 to 3,500 chargers, with the additional 1,500 chargers co-funded at a lower cap of $3,000 per charger, for up to 1% of carpark lots at each NLPR.
The ECCG will be available until 31 December 2026, or until 3,500 chargers have been approved for co-funding, whichever is earlier.
