New vehicle registrations in Singapore increased by 25% to 45,377 in the first nine months of 2025, up from 36,567 units in the same period last year, driven by strong demand for battery electric vehicles (BEVs) under the government’s Electric Vehicle (EV) Early Adoption Incentive scheme.
Government data showed that new registrations of passenger vehicles in the city-state increased by 25% to 37,937 units in the nine-month period, from 30,410 units a year earlier, while commercial vehicle sales rose by 16% to 7,291 units, and off-peak vehicles amounted to a further 169 units.
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The BEV incentive programme entitles buyers to a 45% discount on the government’s Additional Registration Fee (ARF), for a maximum of SGD 15,000 (US$11,500), and further savings are available under the Enhanced Vehicular Emissions Scheme (VES). The incentives are part of the government’s clean energy transition, which aims to switch the country’s entire vehicle fleet to zero emissions by 2040, are scheduled to expire at the end of 2025.
BYD has become Singapore’s leading vehicle brand, thanks to its strong BEV line-up, with sales surging by 89% to 7,863 units year-to-date, followed by Toyota with 6,727 units (-12%); Mercedes-Benz 3,864 (-6%), BMW 3,991 (+5%), and Honda with 3,739 (+41%) units.
