EVs are now mainstream

Will lower incentives impact demand?

Will luxury Chinese EVs take off?

Japanese EVs are finally here

Consolidation in the industry

2026 COE predictions

Singapore’s electric vehicle boom shows little sign of slowing — even as incentives are scaled back and COE supply rises. 

In this episode of Transport BT, host Derryn Wong speaks with Timothy Wong of consultancy Roland Berger about why EVs are fast becoming mainstream, how Chinese and Japanese carmakers are reshaping competition, and whether premium EVs can win over Singapore buyers.

Highlights:

02:04 EVs are now mainstream

05:22 Will lower incentives impact demand?

06:58 Will luxury Chinese EVs take off?

09:42 Japanese EVs are finally here

11:35 Consolidation in the industry

13:07 2026 COE predictions

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)

With Timothy Wong, principal at Roland Berger and head of its automotive and mobility practice in South-east Asia

Edited by: Emily Liu & Claressa Monteiro

Produced by: Derryn Wong, Emily Liu & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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Discover more BT podcast series:

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BT Market Focus: bt.sg/btmktfocus

BT Lens On: bt.sg/btlenson

Singapore&rsquo;s electric vehicle boom shows little sign of slowing &mdash; even as incentives are scaled back and COE supply rises.&nbsp;
In this episode of Transport BT, host Derryn Wong speaks with Timothy Wong of consultancy Roland Berger about why EVs are fast becoming mainstream, how Chinese and Japanese carmakers are reshaping competition, and whether premium EVs can win over Singapore buyers.
Highlights:
02:04 EVs are now mainstream
05:22 Will lower incentives impact demand?
06:58 Will luxury Chinese EVs take off?
09:42 Japanese EVs are finally here
11:35 Consolidation in the industry
13:07 2026 COE predictions
---
Send us your questions, thoughts, story ideas, and feedback to <a href="mailto:btpodcasts@sph.com.sg">btpodcasts@sph.com.sg</a>.
---
Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)
With Timothy Wong, principal at Roland Berger and head of its automotive and mobility practice in South-east Asia
Edited by: Emily Liu &amp; Claressa Monteiro
Produced by: Derryn Wong, Emily Liu &amp; Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
---
Follow BT Correspondents:
Channel: <a href="https://bt.sg/btcobt" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btcobt&amp;source=gmail&amp;ust=1725767545308000&amp;usg=AOvVaw1MZyDZ2ZxkzhbmmY3UOc3Z">bt.sg/btcobt</a>
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Apple Podcasts: <a href="https://bt.sg/btcoap" data-saferedirecturl="https://www.google.com/url?q=http://bt.sg/btcoap&amp;source=gmail&amp;ust=1725767545308000&amp;usg=AOvVaw1h55CGx7ZKW8w566ap9VHu">bt.sg/btcoap</a>
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Website: <a href="https://bt.sg/btcorresp" data-saferedirecturl="https://www.google.com/url?q=https://bt.sg/btcorresp&amp;source=gmail&amp;ust=1728367269653000&amp;usg=AOvVaw3jpkha8i35GodqUz6STt41">bt.sg/btcorresp</a>
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party&rsquo;s products and services. Please consult professional advisors for independent advice.
---
Discover more BT podcast series:
BT Money Hacks: <a href="https://bt.sg/btmoneyhacks">bt.sg/btmoneyhacks</a>
BT Podcasts: <a href="https://bt.sg/pcOM">bt.sg/pcOM</a>
BT Market Focus: <a href="https://bt.sg/btmktfocus">bt.sg/btmktfocus</a>
BT Lens On: <a href="https://bt.sg/btlenson">bt.sg/btlenson</a>

A showcase of the most respected series and columnists from The Business Times showroom.

BT Correspondents Podcast channel showcases content presented by some of the newsroom's most respected columnists and includes the series: Mark to Market, PropertyBT, WealthBT and TransportBT.

Available on all your favourite audio content apps and at www.businesstimes.com.sg/podcasts

Produced by BT Podcasts, The Business Times, SPH Media.

BT Correspondents Podcast channel showcases content presented by some of the newsroom's most respected columnists and includes the series: Mark to Market, PropertyBT, WealthBT and TransportBT.
Available on all your favourite audio content apps and at www.businesstimes.com.sg/podcasts
Produced by BT Podcasts, The Business Times, SPH Media.

BT Correspondents

BT Correspondents Podcast channel showcases content presented by some of the newsroom's most respected columnists and includes the series: Mark to Market, Property BT, Wealth BT and Transport BT.

Available on all your favourite audio content apps and at www.businesstimes.com.sg/podcasts

Produced by BT Podcasts, The Business Times, SPH Media.

BT Correspondents Podcast channel showcases content presented by some of the newsroom's most respected columnists and includes the series: Mark to Market, Property BT, Wealth BT and Transport BT.
Available on all your favourite audio content apps and at www.businesstimes.com.sg/podcasts
Produced by BT Podcasts, The Business Times, SPH Media.