Budget 2021: More incentives to encourage early adoption of electric vehicles as Government aims to narrow ‘cost differential’ | Video

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Budget 2021: More incentives to encourage early adoption of electric vehicles as Government aims to narrow ‘cost differential’ | Video

(Updated: )

As part of a move to encourage the early adoption of electric vehicles, the Government will introduce more incentives to narrow the “cost differential” between electric cars and internal combustion engine cars, announced Finance Minister Heng Swee Keat in his Budget speech on Tuesday (Feb 16).

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