Singapore rolls out new schemes to promote electric heavy vehicles

“Starting from 1st January 2026, we will provide 40,000 [Singaporean] dollars (approx. 28,000 euros) in incentives for each new zero tailpipe emissions heavy vehicle registered,” Senior Minister of State for Transport Amy Khor announced during a recent parliament session. Khor was talking about the new ‘Heavy Vehicle Zero Emissions Scheme (HVZES),’ which covers both goods vehicles and buses, including goods-cum-passenger vehicles, with a Maximum Laden Weight (MLW) of over 3,500 kg.

Singapore will offer the new incentive for three years, until 31 December 2028. It will disburse the grant in three stages—13,000 Singaporean dollars (approx. 9,000 euros) when the owner registers the electric heavy vehicle, 13,000 Singaporean dollars (approx. 9,000 euros) more a year later, and 14,000 Singaporean dollars (approx. 10,000 euros) on the second anniversary.

Anticipating growing demand for specialised charging stations with the increasing number of electric heavy vehicles from next year, Singapore has introduced the new ‘Electric Heavy Vehicle Charger Grant (EHVCG).’ “We will also provide the first 500 private heavy vehicle chargers co-funding of up to 50% of the charger installation cost, capped at 30,000 (Singaporean) dollars per charger,” Khor added.

Singapore’s Land Transport Authority (LTA), which manages EHVCG, said it will offer grants for up to three chargers per site. LTA is targeting this scheme at electric heavy vehicle owners rather than charge point operators. It said that companies seeking to avail of this incentive must purchase at least one electric heavy vehicle per charger and deploy that charger at their place of business. Additionally, they will need to ensure that the chargers have an output of at least 50 kW and install them at designated truck or coach lots.

Singapore will run EHVCG alongside HVZES from 1 January 2026 until 31 December 2028. “These measures will narrow the lifecycle cost gap between an electric and internal combustion engine heavy vehicle and spur adoption of electric heavy vehicles,” Khor said in her concluding statement.

youtube.com (Video), lta.gov.sg