Singapore has an electric car sharing scheme, and plans to phase out fossil fuel vehicles over the next 20 years. Image: BlueSG/ Facebook Climate-vulnerable Singapore will part ways with fossil fuel vehicles within the next two decades and throw its weight behind cleaner vehicles, starting with hybrid and electric vehicles (EVs). Its pivot to less pollutive transportation comes after Hong Kong signalled last October that it would phase out fossil fuel vehicles in the next 10 to 20 years. Announcing incentives to encourage adoption of cleaner vehicles in his Budget speech on Tuesday (18 February), Singapore Deputy Prime Minister and Finance Minister Heng Swee Keat said: “Our vision is to phase out internal combustion engine vehicles and have all vehicles run on cleaner energy by 2040.” Citing public health and climate change as reasons for the change, he said many major cities around the world have already set a similar goal. China is the world’s largest electric car market with 2.3 million units as of 2018, followed by Europe and the United States. We are placing a significant bet on EVs, and leaning policy in that direction because it is the most promising technology. “Here we are placing a […]

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