Additional 20,000 COEs could stabilise vehicle prices, but this is only possible with ERP 2.0, say analysts

Additional 20,000 COEs could stabilise vehicle prices, but this is only possible with ERP 2.0, say analysts

WHY IS COE INJECTION NOT INCLUDED AS PART OF VEHICLE GROWTH RATE?  LTA said the move to increase COEs will be on top of the existing allowable vehicle growth rate (VGR), which remains at 0 per cent for most categories.  The VGR is the annual growth rate of the total vehicle population in Singapore, and … Read more

Car owners can choose to install ERP 2.0 processing units at driver’s footwell: LTA

Car owners can choose to install ERP 2.0 processing units at driver’s footwell: LTA

SINGAPORE: Drivers installing their ERP 2.0 on-board units (OBU) are allowed to install the processing unit at the driver’s footwell, although this is dependent on their car model, the Land Transport Authority (LTA) said on Thursday (May 2). “Vehicle owners can choose where to install the processing unit. LTA’s recommendation is for the processing unit … Read more