By MoneyBees
The EV Early Adoption Incentive on an electric car registered in 2026, 45% of ARF capped at S$7,500, with the VES rebate, and the extra ARF if you register in 2027.
The EV Early Adoption Incentive takes 45% off the ARF of a fully electric car or taxi, up to a cap. For cars registered in 2026 the cap is S$7,500.
After 31 Dec 2026. LTA says the EEAI ceases from 1 Jan 2027, when only the VES rebate will offset the ARF.
Yes. An electric car in Band A gets the S$22,500 VES rebate in 2026 and the EEAI on top, up to S$30,000 off the ARF in all. The EEAI cannot be more than the ARF left after the VES rebate.
Band A gets S$20,000 off the ARF in 2027, down from S$22,500. Band B has no rebate or surcharge.
No. Fully electric cars and taxis registered from 1 Jan 2022 to 31 Dec 2027 have no minimum ARF, so rebates can bring it down to S$0. Other cars pay at least S$5,000.
It was S$20,000 for cars registered from 2021 to 2023, S$15,000 in 2024 and 2025, and S$7,500 in 2026.
PARF is worked out on the ARF you actually paid after rebates. A bigger rebate means a smaller ARF paid and a smaller PARF when you deregister the car early.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).