The EV-charging at Home Subsidy Scheme
Electric vehicles ("EVs") have no tailpipe emissions. Replacing conventional vehicles with EVs can help improve roadside air quality and reduce greenhouse gas emissions. In view of the rapid development of EV technology, electric private cars ("e-PCs") may become the main stream vehicles in the foreseeable future. To support the wider use of e-PCs, the Government has been sparing no efforts in enhancing the EV charging infrastructure and network.
The Government rolled out a $2 billion "EV-charging at Home Subsidy Scheme" ("EHSS") to subsidise the installation of EV charging-enabling infrastructure ("EVCEI") in car parks of existing private residential buildings, and hence further facilitate EV owners to install EV chargers at car parks of their residences according to their own needs in the future in a simple and easy manner. The EHSS will run for about 3 years with a view to covering roughly 60,000 private parking spaces. Processing of applications is on a first-come-first-served basis until the funding is used up.