According to a survey conducted by Rakuten Insight in January 2024, 32 percent of respondents in Singapore said they would only buy an electric car if it was cheaper than a conventional car. Meanwhile, 25 percent said they were willing to pay the same price for an electric car as a conventional car. The same survey revealed that only five percent of the surveyed population own an electric car.
Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024
Characteristic
Share of respondents
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Rakuten Insight. (March 11, 2024). Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/
Rakuten Insight. "Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024." Chart. March 11, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/
Rakuten Insight. (2024). Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/
Rakuten Insight. "Price Range People Are Willing to Pay for When Purchasing An Electric Car in Singapore as of January 2024." Statista, Statista Inc., 11 Mar 2024, https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/
Rakuten Insight, Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024 Statista, https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/ (last visited July 22, 2024)
Price range people are willing to pay for when purchasing an electric car in Singapore as of January 2024 [Graph], Rakuten Insight, March 11, 2024. [Online]. Available: https://www.statista.com/statistics/1030140/singapore-willingness-to-spend-for-electric-cars/