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PARF rebates cut by 45%: EVs likely to become more enticing to own

Summary by AsiaOne
Are the golden days of dreaming about owning a car in Singapore truly behind us?The enduring pressure of six-figure COE premiums notwithstanding, this week's industry-changing announcement - revealed as part of Singapore's 2026 Budget - now threatens to make financing a car more arduous still.The new regulations announced on Feb 12 threaten to make car ownership more financially difficult stillMoving...
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AsiaOne broke the news in on Thursday, February 19, 2026.
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