<div id="readability-page-1"><img width="150" height="150" src="https://imageproxy.pbkrs.com/https://technode.global/wp-content/uploads/2026/04/Screenshot-2026-04-27-165541-150x150.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://technode.global/wp-content/uploads/2026/04/Screenshot-2026-04-27-165541-150x150.png"/>Electric vehicles (EVs) made up 57.6 percent of the 13,322 new cars registered in Singapore in the first quarter of 2026, marking the first time they have outsold both internal combustion engine and hybrid models, the Strait Times reported on Monday. The share represents a sharp rise from 45 per cent in 2025, and a significant jump from 18.1 percent in 2023, 11.7 percent in 2022 and just 3.8 per cent in 2021. A total of 7,679 new EVs were registered in the first three months of the year. China’s BYD remained the dominant player, with 3,239 units registered, accounting for 24.3 per cent of the market — up from 21.2 per cent at end-2025. Data from the Land Transport Authority showed that three other Chinese marques — Chery, GAC and MG Motor — entered the top 10 best-selling brands for the first time, displacing several South Korean and Japanese rivals. Despite a limited EV line-up, Toyota held on to second place with 1,932 registrations and a 14.5 percent market share, slightly higher than in 2025. US-based Tesla climbed to third position with 1,515 registrations, capturing 11.4 per cent of the market, up from sixth previously. Germany’s Mercedes-Benz and BMW ranked fourth and fifth with 6.4 per cent and 6.2 per cent market share respectively, swapping positions from a year earlier. Honda slipped to sixth with a 5.1 percent share, while Nissan rounded out the top 10 with 2.6 percent. It is noted that Singapore’s EV adoption has been supported by government incentives, with buyers receiving up to S$30,000 ($23,565) in rebates on upfront taxes. In contrast, higher-emission vehicles can incur penalties of up to S$35,000 ($27,492). Chinese brands have also gained an edge by offering models that qualify for the lower-cost Category A under Singapore’s certificate of entitlement (COE) system, making EV ownership more accessible to a wider pool of buyers. <blockquote>Solar and EV dominate Southeast Asia’s $1.8B energy transition funding</blockquote> </div>

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Electric vehicles (EVs) accounted for 57.6% of new car registrations in Singapore in Q1 2026, surpassing internal combustion and hybrid models for the first time. This marks a significant increase from 45% in 2025 and 18.1% in 2023. BYD led the market with 3,239 units, followed by Toyota and Tesla. Government incentives have boosted EV adoption, with buyers receiving up to S$30,000 in rebates. Chinese brands have gained traction by offering lower-cost models under Singapore's COE system, enhancing accessibility for buyers.

- Electric vehicles (EVs) accounted for 57.6 percent of new car registrations in Singapore in Q1 2026, surpassing both internal combustion and hybrid vehicles for the first time.  
- This marks a significant increase from 45 percent in 2025 and 18.1 percent in 2023, with BYD leading the market with 3,239 units registered.  
- The rise in EV adoption has been bolstered by government incentives, including rebates up to S$30,000, while penalties exist for higher-emission vehicles.

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EVs overtake combustion cars in Singapore first quarter sales