Singapore car market
Market overview
COE Category A · first bidding, November 2026
October's 4,202 new cars were 3.2% fewer than September's, the fewest since February 2026, and battery-electric cars were 59.6% of them.
Source: LTA via DataMall. Registrations to October 2026; COE to the first bidding, November 2026.
COE renewal
Prevailing quota premium, November 2026
Renewing a Category A COE for 10 years costs $129,883 in November, 0.9% more than in October; Category D moved most, +2.1%. LTA publishes no PQP for Category E.
- Category A · Cars up to 1,600cc and 130bhp
- $129,883
- +0.9% vs October · 5-year $64,942
- Category B · Cars above 1,600cc or 130bhp
- $131,819
- +0.2% vs October · 5-year $65,910
- Category C · Goods vehicles and buses
- $91,814
- −0.9% vs October
- Category D · Motorcycles
- $11,392
- +2.1% vs October
Source: LTA · Three-month moving average of quota premiums, set by LTA. The 5-year renewal is half the PQP and applies to Categories A and B.
Figure 2 · Registrations
New cars by fuel type, last 12 months
Electric cars were 59.6% of October's 4,202 registrations, down from 65.1% in September; petrol-only cars were 5.9%.
- Electric
- Petrol-electric hybrid
- Plug-in hybrid
- Petrol
Source: LTA via DataMall · New car registrations by month, zero-based. Diesel and other fuels are a few cars a month and not shown. Hover or tap a month for counts.
Figure 3 · Makes
Top 10 makes, 2026 to date
BYD registered 11,247 cars from January to October 2026, 24.9% of the market and more than twice TOYOTA's 5,278.
BYD#111,24724.9% · +32.0% on 2025
TOYOTA#25,27811.7% · −11.4% on 2025
TESLA#34,4909.9% · +62.7% on 2025
MERCEDES BENZ#42,7896.2% · −31.0% on 2025
BMW#52,4445.4% · −43.3% on 2025
HONDA#62,1474.8% · −44.9% on 2025
CHERY#72,0144.5% · +255.8% on 2025
GAC#81,7333.8% · +111.3% on 2025
MG#91,7143.8% · +132.6% on 2025
XPENG#101,3062.9% · +77.4% on 2025
Source: LTA via DataMall · New car registrations, January to October 2026; change against the same months of 2025. Bars show the last 12 months, each make on its own scale.
Figure 4 · Deregistrations and vehicle population
Off the road and on it
Category A made up 44.5% of the 7,155 vehicles deregistered in October 2026 and Category B a further 35.6%. Petrol vehicles were 65.0% of those on the road at the end of 2025.
Deregistered, October 2026
7,155 vehicles, all types · change on October 2025
- Category A3,186 · +19.2%
- Category B2,546 · +26.6%
- Category C600 · −20.9%
- Category D589 · −8.1%
- Taxis132 · +120.0%
- Exempt from VQS102 · −40.7%
On the road, end of 2025
984,763 vehicles · +0.5% on 2024
- Petrol65.0%
- Diesel15.6%
- Petrol-Electric13.2%
- Electric5.8%
- Petrol-Electric (Plug-In)0.2%
- Others0.0%
Share of vehicles on the road at 31 December 2025, by fuel type as LTA records it.
Source: LTA via DataMall (deregistrations, all vehicle types, so not directly comparable with car registrations); LTA annual vehicle population.