Xinghui Kok (Reuters) Singapore ● Sat, March 25, 2023 2023-03-25 08:45 0 5fceed71997e5776a1634d25dc33fdf8 2 Asia and Pacific Electric-Hybrid-Vehicles,Science-Technology Free Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage. But the car-tech enthusiast is also not ready to give up his S$1.6-million ($1.21 million) McLaren 765LT with a V8 engine capable of hitting 100 km per hour (62 miles per hour) in three seconds. The city-state’s bid to stop the purchase of combustion-engine cars from 2030 has bumped up against an entrenched love of supercars, ultra-luxury rides and buyers with enough income to keep them in one of the most expensive places in the world to own a car. Singapore’s target of phasing out combustion car sales by 2030 puts it in a small group of countries with that near-term goal, including Iceland, Sweden and the Netherlands, but sales of electric cars in those markets have picked up faster. The Singapore government has been pushing electric vehicles (EVs) for two years, offering incentives of up to S$45,000 and expanding the charging network, but take-up by individual buyers will need to vastly accelerate to hit the target. EV made up almost 12 percent of… Read full this story
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