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Singapore introducing stiff new feebate scheme for low carbon cars

Green Car Congress

Singapore will implement a new Carbon Emissions-Based Vehicle Scheme (CEV) on 1 January 2012, providing rebates to qualified new cars, taxis, and imported used cars with low carbon emissions, and imposing an equivalent surcharge on higher emitting vehicles.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

The report, titled “Drive Green 2020: More Hope than Reality” considers various factors affecting the future potential for “greenvehicles in the world’s largest automotive markets. A coordinated government policy to encourage consumers to purchase these vehicles. —“Drive Green 2020: More Hope than Reality”.

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