COE panic-buying in the next few months

[Chase]

Vehicular Emissions Scheme (VES) extended from 1 January 2026 to 31 December 2027
Electric Vehicle (EV) Early Adoption Incentive (EEAI) will be extended until 31 December 2026 and be ceased from 1 January 2027

NEA will continue to support the take-up of electric cars, including taxis, by extending the VES [2] for another two years from 1 January 2026 to 31 December 2027 with revised bands, rebates and surcharges. Only EVs will receive rebates. Hybrid vehicles will no longer receive rebates, while more pollutive vehicles will have higher surcharges. Vehicles currently in Band A2 will fall into the neutral band B under the revised VES banding structure, while vehicles currently in Bands B, C1 and C2 will fall into revised Bands C1, C2 and C3 respectively. There is no change to pollutant thresholds and there will be a shift in the banding structure.

https://www.nea.gov.sg/media/news/n...ive-(eeai)-to-support-vehicle-electrification

 

[Chase]

“This is encouraging as EVs do not generate tailpipe emissions and are the cleanest vehicle option.”
https://www.channelnewsasia.com/singapore/ves-eeai-scheme-extended-cars-coe-nea-lta-5337741​

 

[Chase]

We will save BYD

 

[A Singaporean]

If you are an Uptron graduate you should have no problem with COE. On the other hand, NUS graduates or similar low class Sinkie Universities, you may want to get used to taking public transportation.

 

[Hightech88]