Singapore’s electric vehicle boom shows little sign of slowing — even as incentives are scaled back and COE supply rises.

In this episode of Transport BT, host Derryn Wong speaks with Timothy Wong of consultancy Roland Berger about why EVs are fast becoming mainstream, how Chinese and Japanese carmakers are reshaping competition, and whether premium EVs can win over Singapore buyers.

Highlights:

02:04 EVs are now mainstream

05:22 Will lower incentives impact demand?

06:58 Will luxury Chinese EVs take off?

09:42 Japanese EVs are finally here

11:35 Consolidation in the industry

13:07 2026 COE predictions

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)

With Timothy Wong, principal at Roland Berger and head of its automotive and mobility practice in South-east Asia

Edited by: Emily Liu & Claressa Monteiro

Produced by: Derryn Wong, Emily Liu & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Will lower incentives shake up Singapore's EV boom?