Singapore EV purchase intent falls as 32 per cent of drivers plan petrol car return, EY study finds
By Eve
Thirty two per cent of Singapore respondents in EY's 2025 Mobility Consumer Index plan to buy internal combustion engine vehicles in the next two years, up from 26 per cent in 2024, citing concerns over charging infrastructure gaps and hidden costs including battery replacement prices. The shift is below the global average of 50 per cent favouring petrol cars, up from 37 per cent in 2024. The survey of 300 local car buyers was released on 9 January 2025.
Why it matters
The cooling sentiment underscores that charging network density and transparent total cost of ownership remain critical to sustaining EV uptake in a market previously seen as a South-east Asian leader. Procurement teams and charge point operators must address infrastructure gaps and communicate lifetime costs clearly to reverse the trend.
Source
- Original title
- “More Singapore drivers plan to return to petrol cars as EV interest dips: EY study”
- Published
- 9 January 2026 (date approximate)
- Updated
- 22 September 2026
In this story
- Topic
- Policy & Market
- Place
- Singapore
- Tag
- EY
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