Singapore to provide $40,000 incentive for zero-emission heavy vehicles

This will be available for three years.

Singapore has announced a $40,000 incentive for owners of new zero-tailpipe emission heavy vehicles.

According to the Land Transport Authority (LTA), the incentive is part of the Heavy Vehicle Zero Emissions Scheme (HVZES). It will be available from 1 January 2026 until 31 December 2028.

“Under the HVZES, owners who register a zero-tailpipe emissions heavy goods vehicle or bus, including goods-cum-passenger vehicles, with Maximum Laden Weight (MLW) of more than 3,500kg will receive an incentive of $40,000,” LTA said.

Senior Minister of State for Transport Amy Khor said the government will also provide the first 500 private heavy vehicle chargers co-funding of up to 50% of the charger installation cost, capped at $30,000 per charger.

The $40,000 incentive will be automatically disbursed in tranches to the vehicle owner over three years – $13,000 upon vehicle registration, $13,000 on the first anniversary, and $14,000 on the second.

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