COE premiums may go higher for longer, driven by EV demand: Analysts
Market watchers expect COE premiums to rise in the short to medium term, driven by higher demand for electric vehicles and more models coming into Singapore. That's as Chinese EV makers are increasingly focusing on emerging markets in Asia, as the United States and the European Union slap higher tariffs on such imports. Nasyrah Rohim with more.
Market watchers expect COE premiums to rise in the short to medium term, driven by higher demand for electric vehicles and more models coming into Singapore. That's as Chinese EV makers are increasingly focusing on emerging markets in Asia, as the United States and the European Union slap higher tariffs on such imports. Nasyrah Rohim with more.