Petrol price surge isn't enough to make Singapore drivers switch to EVs, say car dealers

Orientul Mijlociu

With cars significantly more expensive here than in most countries, buyers focus more on depreciation than fuel costs. SINGAPORE: Despite a war-driven surge in petrol prices globally, the rise has not driven buyers towards electric vehicles (EVs) – and the reason comes down to how Singaporeans think about car ownership. Across Europe and Australia, EV sales and enquiries surged in March compared to February. But car dealers here say the same trend has not played out locally, pointing to a

Tag-uri: Petrol

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