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Motor Mouth: EVs supercharge COE prices

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Same, but different: The BYD Seal is one of several EV models which qualify for the less punitive Category A COE.

The BYD Seal is one of several EV models that have a variant which qualifies for the less punitive Category A COE.

PHOTO: LIANHE ZAOBAO

Christopher Tan

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SINGAPORE – Private-hire vehicle operators have been the favourite whipping boy for stubbornly high certificate of entitlement (COE) prices in recent years – and for good reason.

But another culprit has emerged and it is playing an increasingly prominent role in this heightened state of affairs – the electric car.

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