Purchase Incentives to Encourage Adoption of Electric Motorcycles
Ministry of TransportSpeakers
Transcript
26 Mr Dennis Tan Lip Fong asked the Acting Minister for Transport given that electric motorcycle adoption remains stagnant at 0.2%, whether the Ministry will introduce upfront purchase incentives similar to the EV Early Adoption Incentive for cars to address the significant price gap between electric and internal combustion engine motorcycles.
Mr Jeffrey Siow: We have no plans to introduce purchase incentives for electric motorcycles as there are electric motorcycles that are of comparable pricing to the mass-market internal combustion engine (ICE) equivalents in the market today. The low adoption of electric motorcycles could be due to their shorter driving range compared to their ICE equivalents and other factors, like the lack of an adequate fast-charging or battery charging and swap station network.