According to recent data released by Singapore’s Transport Authority, Chinese electric vehicle (EV) sales have reached a record high in the country this past year. Sales have increased significantly in just seven months, surpassing 2024’s total sales figures. This notable growth is attributed to increased consumer demand and the expanding presence of Chinese manufacturers. The surge in demand is expected to stimulate interest and investment in the local EV market, potentially opening doors for other EV brands to establish operations within Singapore. The number of registered vehicles continues to increase, reflecting the growing popularity of electric vehicles in the region.
Credits: Latest News