New diesel cars and taxis will no longer be registered in Singapore starting January 1, 2025, as part of the Government's efforts to have all vehicles on the streets of the city-state running on cleaner energy by 2040.

In order to own a car in Singapore, buyers need to spend 106,000 USD just to obtain a Certificate of Entitlement (COE), making the total cost of buying a car in the country many times higher than in other nations.