LTA announces initiatives to reduce emissions, boost EV adoption
SgCarMart, 6 Nov '24
In support of Singapore's goal to achieve carbon net-zero, the Land Transport Authority (LTA) has announced its intention to reduce land transport emissions through key initiatives, including the electrification of vehicles, alongside promoting walking, cycling, and the use of public transport.
As most of Singapore's power is generated from natural gas, sustainability can be enhanced by transitioning from internal combustion engine (ICE) vehicles to electric vehicles (EVs).
The LTA also notes that it expects the upfront cost of EVs and ICE vehicles to be similar by the mid-2020s.
Accessibility to charging infrastructure is a crucial factor in encouraging EV adoption, with a target of implementing 60,000 charging points by 2030 - 40,000 in public car parks and 20,000 in private premises.
Every housing & development board (HDB) town will also become an EV-Ready Town, with approximately 2,000 car parks set to be equipped with charging points by 2025. To assist new drivers, the LTA has created a user-friendly guide for those considering or planning to purchase an EV.
Demonstrating its commitment to the Singapore Green Plan 2030, the LTA is also aiming for half of the nation's public bus fleet to be electrified by 2030, with a goal of achieving a 100% cleaner energy fleet by 2040.
With 60 electric buses already deployed and 400 more expected to be in service by 2025, CO2 emissions are projected to decrease by approximately 7,840 tonnes annually.
Taxi operators have also set targets to electrify their fleets, with half of them expected to go electric by 2030. To further encourage EV adoption in Singapore, the LTA will focus on four key areas: vehicle taxes and incentives, regulations and standards, EV charger deployment, and industry partnerships.