Commercial vehicle COE likely to breach S0,000; mainstream car premiums to remain elevated

Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated

June 4, 2026 / Nathan Pine /


EV demand, high diesel prices and short supply will continue driving upward pressure: observers

[SINGAPORE] Industry observers predict new highs for commercial vehicle Certificate of Entitlement (COE) premiums this year.

Strong demand for mainstream cars, meanwhile, are expected to keep premiums for that segment high.

Ryan Woon, CEO of EcoSwift, the agent for China commercial vehicle brand Sany in Singapore, believes Category C premiums “will hit S$100,000 for sure”.



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Nathan Pine

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

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