Singapore Electric Car Market 2024-2030
  • CHOOSE LICENCE TYPE
Consulting Services
    How will you benefit from our consulting services ?

Singapore Electric Car Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

SINGAPORE ELECTRIC CAR MARKET

 

INTRODUCTION

With a slew of new cars set to hit the streets, anticipate a slew of brand-new electric vehicles to join the roster. The plethora of schemes and initiatives aimed at making electric vehicle adoption more cheap appear to have worked, since the number of electric vehicles on Singapore's roads has doubled. 

 

Infographic ; Singapore Electric Car Market, Singapore Electric Car Market Size, Singapore Electric Car Market Trends, Singapore Electric Car Market Forecast, Singapore Electric Car Market Risks, Singapore Electric Car Market Report, Singapore Electric Car Market Share

 

SINGAPORE ELECTRIC CAR MARKET SIZE AND FORECAST

 

The Singapore Electric Car Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

SINGAPORE ELECTRIC CAR MARKET DYNAMICS

BYD's official dealer in Singapore, E-Auto, will debut the fully electric SUV BYD Yuan Plus. The Yuan Plus made its debut at the Guangzhou Auto Show in China, where it drew a lot of attention from the younger population.

 

In Singapore, this SUV ushers in a new era of BYD vehicles, offering increased power, a fresh design language, and a long battery range.

 

The Audi E-Tron S will be the first EV in Singapore with three electric motors, not one, not two. Two of the three motors power the rear wheels independently, which improves cornering performance. So, certainly, the E-Tron S will be incredibly quick.

 

The E-Tron S has a range of 360km thanks to its 95kWh battery, while the Sportback has a slightly longer range of 365km.

 

The Taycan is Porsche's first totally electric vehicle, and it's currently one of the most popular Porsches in Singapore. The Taycan GTS, like earlier Porsche GTS automobiles, has more power than a standard Taycan but less than the super-quick Taycan Turbo.

 

In addition, the Taycan GTS offers the longest range of any Taycan model. It has 517 horsepower as well, but there is an overboost function that can boost it to 598 horsepower.

 

SINGAPORE ELECTRIC CAR MARKET COMPANY PROFILES

 

THIS SINGAPORE ELECTRIC CAR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Electric Cars are manufactured per annum in Singapore? Who are the sub-component suppliers in this region?
  2. Cost breakup of a Singapore Electric Car and key vendor selection criteria
  3. Where is the Electric Car manufactured? What is the average margin per unit?
  4. Market share of Singapore Electric Car market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Singapore Electric Car in-house
  6. key predictions for next 5 years in Singapore`Electric Car market
  7. Average B-2-B Electric Car market price in all segments
  8. Latest trends in Electric Car market, by every market segment
  9. The market size (both volume and value) of the Electric Car market in 2024-2030 and every year in between?
  10. Production breakup of Electric Car market, by suppliers and their OEM relationship
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix