SINGAPORE - There has been increased interest in owning electric vehicles (EVs) from a wide range of customers here, but motor traders say 2025 may be the year when the adoption of battery-powered cars really shifts into high gear.
One distributor estimates that sales of its EVs to internal combustion engine (ICE) cars could even reach parity within the next three years - a prediction on the high end but one that would be in line with the Government's sustainability goals.
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