Infrastructure providers need to do more to address ‘range anxiety’ on EV adoption

Government subsidies are not enough to raise electric vehicles adoption.

In a bid to increase electric vehicle (EV) adoption in the market, the government implemented subsidies such as a grant to back charging infrastructure in non-landed private residences.

However, for analyst KPMG, infrastructure providers need to step in as government interventions are not enough to resolve concerns of some consumers towards shifting to EVs.

“Infrastructure providers will need to set up enough chargers island-wide in good time to cater to the growing numbers of EVs and allay consumer concerns,” read the report.

READ: Gov’t may consider an outright ban on fossil-fueled vehicle sales

Concerns towards making EVs cheaper and convenient are also important to entice consumers to use EVs, said KPMG.

“Their decisions will depend not only upon affordability, but also on considerations such as convenience and lifestyle choice,” added KPMG.

“Range anxiety remains a key concern, for example. EVs can generally drive for one-fourth of the distance of an equivalent internal combustion engine car before needing to recharge,” it added.

Follow the link s for more news on

KPMG

Land Transport Authority

electric vehicle

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia