1. EV EARLY ADOPTION INCENTIVE FOR FULLY ELECTRIC CARS
To encourage motorists to switch to electric cars, buyers of fully electric cars and taxis will receive a rebate of up to 45% on the Additional Registration Fee, capped at S$20,000/-. This incentive will be implemented for three years, from January 2021.
2. ROAD TAX FOR ELECTRIC CARS”
To ease business with cash flow, the Finance Minister will grant a CIT rebate of 25% of tax payable, capped at S$15,000/- to all companies, for Year of Assessment (YA) 2020.
| Power Rating (kW) | 6-Monthly Road Tax Formula (excl. EV lump sum component) |
| PR ≤ 7.5 | S$200/- x 0.782 |
| 7.5 | [S$200/- + S$2(PR – 7.5)] x 0.782 |
| 30< PR ≤ 90 | [S$250/- + S$3.75(PR – 30)] x 0.782 |
| 90< PR ≤ 230 | [S$475/- + S$7.50(PR – 90)] x 0.782 |
| PR > 230 | [S$1,525/- + S$10(PR – 230)] x 0.782 |
| Licensing period | 6-monthly EV lump sum component |
| 1 Jan 2021 – 31 Dec 2021 | S$100/- |
| 1 Jan 2022 – 31 Dec 2022 | S$200/- |
| 1 Jan 2023 onwards | S$350/- |
3. ROAD TAX FOR PETROL-ELECTRIC CARS
Effective from 1 January 2021, road tax for all Petrol-Electric Cars will pay higher of the Engine Capacity or revised Power Rating as shown below:
| Engine Capacity (cc) | 6-Monthly Road Tax Formula (ECC) |
| ECC ≤ 600 | S$200/- x 0.782 |
| ECC ≤ 1000 | [S$200/- + 0.125 (ECC -600)] x 0.782 |
| 1,000 < ECC ≤ 1,600 | [S$250/- + S$0.375 (ECC – 1,000)] x 0.782 |
| 1,600 < ECC ≤ 3,000 | [S$475/- + S$0.75 (ECC – 1,600)] x 0.782 |
| ECC > 3,000 | [S$1,525/- + S$1/- (ECC – 3,000)] x 0.782 |
| Power Rating (kW) | 6-Monthly Road Tax Formula (PR) |
| PR ≤ 7.5 | S$200/- x 0.782 |
| 7.5 < PR ≤ 30 | [S$200/- + S$2/- (PR – 7.5)] x 0.782 |
| 30 < PR ≤ 90 | [S$250/- + S$3.75 (PR – 30)] x 0.782 |
| 90 < PR ≤ 230 | [S$475/- + S$7.50 (PR – 90)] x 0.782 |
| PR > 230 | [S$1,525/- + S$10/- (PR – 230)] x 0.782 |
4. ROAD TAX FOR ELECTRIC MOTORCYCLES
Effective from 1 April 2020, road tax for Electric Motorcycles will be as shown below:-
| Power Rating (kW) | 6-Monthly Road Tax Formula |
| PR ≤ 10 | S$40/- x 0.782 |
| 10< PR ≤ 96* | [S$40/- + S$1.40 (PR – 10)] x 0.782 |
| PR > 96* | [S$160/- + S$2.40 (PR – 96)] x 0.782 |
*Electric Motorcycles with PR>10kW are currently not allowed for use on roads in Singapore.
In addition, for Electric Motorcycles registered from 1 January 2021 onwards, road tax will include an additional EV lump-sum component as shown below:-
| Licensing period | 6-monthly EV lump sum component |
| 1 Jan 2021 – 31 Dec 2021 | S$25/- |
| 1 Jan 2022 – 31 Dec 2022 | S$50/- |
| 1 Jan 2023 onwards | S$100/- |
5. ROAD TAX FOR ELECTRIC LIGHT GOODS VEHICLES (LGVS) AND ELECTRIC GOODS PASSENGER VEHICLES (GPVS) WITH MAXIMUM LADEN WEIGHT OF ≤3.5 METRIC TONNES
With effect from 1 January 2021, road tax for all registered Electric LGVs and Electric GPVs will be as shown follows:-
- For licensing period of 1 January 2021 – 31 Dec 2021
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| LGVs | mlw ≤ 3.5 | S$213/- | S$170/- | S$195/- |
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| GPVs | mlw ≤ 3.5 | S$372/- | S$298/- | S$323/- |
| mlw ≤ 3.5 | S$487/- | S$390/- | ||
- For licensing period of 1 January 2022 – 31 Dec 2022
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| LGVs | mlw ≤ 3.5 | S$213/- | S$170/- | S$220/- |
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| GPVs | mlw ≤ 3.5 | S$372/- | S$298/- | S$348/- |
| mlw ≤ 3.5 | S$487/- | S$390/- | ||
- For licensing period of 1 January 2023 onwards
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| LGVs | mlw ≤ 3.5 | S$213/- | S$170/- | S$265/- |
| Vehicle Type | Maximum Laden Weight (metric tonne) | 6-Monthly Road Tax Formula | ||
| Diesel & Diesel Hybrid | Petrol & Petrol Hybrid | Electric | ||
| GPVs | mlw ≤ 3.5 | S$372/- | S$298/- | S$393/- |
| mlw ≤ 3.5 | S$487/- | S$390/- | ||
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