SINGAPORE, Feb. 10 -- Chinese car brands made significant inroads in Singapore's automotive market in 2024, capturing 18.2 per cent of new car registrations, up from 5.9 per cent the previous year.
Singapore's Land Transport Authority (LTA) released the data in January, showing that 7,850 new Chinese-brand cars were registered in 2024, compared with 1,781 in 2023.
The Straits Times reported that nearly all of these vehicles were electric, with only 75 exceptions.
"Chinese EV brands have been particularly strong in offering mass-market options, which are not adequately addressed by automakers from other countries," said Niels de Boer, chief operating officer of the Energy Research Institute at Nanyang Technological University.
Japanese a...