Rebates for Low Carbon Emissions Cars from 1 January 2013 [Press Releases]
1. All new cars, taxis, and imported used cars with low carbon emissions and registered from 1 January 2013 will qualify for rebates when the new Carbon Emissions-Based Vehicle Scheme (CEV) kicks in. This new scheme will replace the existing Green Vehicle Rebate (GVR) scheme that will expire on 31 December 2012.
2. Under CEV, all new cars, taxis, and imported used cars registered from 1 January 2013 with low carbon emissions of less than or equal to 160g carbon emissions per kilometre (CO2/km) will qualify for rebates of between $5,000 and $20,000 which will be offset against the Additional Registration Fee (ARF) payable.
3. Cars with carbon emissions equal to or more than 211g CO2/km will incur a corresponding registration surcharge of between $5,000 and $20,000. The surcharges will only take effect six months later, from 1 July 2013, to give consumers and the motor industry more time to adjust.
4. Taxis generally clock higher mileage than cars. To encourage taxi companies to adopt lower emission models for their fleet, the CEV rebate and registration surcharge for taxis is set at 50% higher compared to cars, i.e. between $7,500 and $30,000.
5. As non Euro V-compliant diesel models emit significantly more fine particulate matter, they will not enjoy the ARF rebates under the CEV even if they fall within the rebate emission bands. However if these models fall within the surcharge bands, the appropriate CEV surcharge will still apply.
6. The CEV will be applicable till 31 December 2014. The scheme will be reviewed, taking into consideration its impact on motorists’ purchasing decision, technological advances and the progress in Singapore’s overall mitigation efforts on climate change.
Helping buyers identify low carbon emission and fuel efficient cars
7. To help car buyers make informed decisions, the CO2/km performance data for each car model is available on mandatory Fuel Economy Label (FEL) information labels affixed on cars that are on sale in showrooms. The label, which carries LTA’s logo, is required to be affixed on cars and light goods vehicles (LGVs) that have been approved from 1 July 2012 and are displayed for sale.
8. The new label highlights the model’s carbon emissions per kilometer (CO2/km), fuel consumption and relative carbon emission performance. The label also shows the car banding under the CEV and corresponding rebate or surcharge to encourage consumers to shift to more fuel efficient and lower carbon emission models.
9. Brochure on how to read the Fuel Economy Label is available at all car showrooms and the ONE.MOTORING website (www.onemotoring.com.sg).
10. Car buyers can also use the new FEL scheme online database and fuel cost calculator available at the ONE.MOTORING to compare the fuel costs and possible savings, as well as the emissions level and fuel efficiency information across different car makes and models.
 The Green Vehicle Rebate (GVR) scheme was introduced in 2001 to encourage the take up of green vehicles. Electric, hybrid and compressed natural gas vehicles are given a rebate of up to 40% of the vehicle’s Open Market Value (OMV) which is offset against the vehicle’s Additional Registration Fee (ARF).
 CEV rebate is subject to a minimum ARF payable of $5,000, as cars that have relatively low ARF payable and are already fuel-efficient do not need to be further incentivised.
 Light goods vehicles will remain under the Green Vehicle Rebate scheme and their Fuel Economy Labels will be without the related CEV information.