Effectiveness of EV Tax Rebates and Possible Reform of COE System to Hasten Uptake of Greener Vehicles

Mr Saktiandi Supaat questioned how much of the EV tax rebates reach consumers and whether dealers absorb them via markups or higher COE bids.
He asked if the Government should reform the COE system to accelerate greener vehicle uptake.
Minister Chee Hong Tat deferred the reply to the 12 November 2024 Parliament sitting, referencing a related review on vehicle growth policy and rebates.

We have received related questions for the subsequent Sitting. I will address them together in my reply at the 12 November 2024 Parliament sitting. [Please refer to "Review of Zero Vehicle Growth Policy, Vehicle Quota System and Rebates Given High COE Prices, Increased E-vehicles Adoption and Rollout of ERP 2.0", Official Report, 12 November 2024, Vol 95, Issue 146, Oral Answers to Questions section.]

Mr Saktiandi Supaat questioned how much of the EV tax rebates reach consumers and whether dealers absorb them via markups or higher COE bids.
He asked if the Government should reform the COE system to accelerate greener vehicle uptake.
Minister Chee Hong Tat deferred the reply to the 12 November 2024 Parliament sitting, referencing a related review on vehicle growth policy and rebates.

Mr Saktiandi Supaat questioned how much of the EV tax rebates reach consumers and whether dealers absorb them via markups or higher COE bids.
He asked if the Government should reform the COE system to accelerate greener vehicle uptake.
Minister Chee Hong Tat deferred the reply to the 12 November 2024 Parliament sitting, referencing a related review on vehicle growth policy and rebates.

Mr Saktiandi Supaat questioned how much of the EV tax rebates reach consumers and whether dealers absorb them via markups or higher COE bids.
He asked if the Government should reform the COE system to accelerate greener vehicle uptake.
Minister Chee Hong Tat deferred the reply to the 12 November 2024 Parliament sitting, referencing a related review on vehicle growth policy and rebates.

Effectiveness of EV Tax Rebates and Possible Reform of COE System to Hasten Uptake of Greener Vehicles

Summary

Questions Identified

Full Transcript

Saktiandi Supaat

Chee Hong Tat

Summary

Questions Identified

Effectiveness of EV Tax Rebates and Possible Reform of COE System to Hasten Uptake of Greener Vehicles

Summary

Questions Identified

Full Transcript

Saktiandi Supaat

Chee Hong Tat

Summary

Questions Identified