EEAI

If you register a new or an imported used fully electric car from 1 January 2024 to 31 December 2024, you will receive an Electric Vehicle Early Adoption Incentive (EEAI). This will give you a rebate of 45% off the ARF, capped at $15,000.

The EEAI, coupled with the enhanced VES rebate, allows you to enjoy combined cost savings of up to $45,000. Both the EEAI and VES rebate will be used to offset your ARF. You still have to pay a minimum of $5,000 for the ARF, even if the combined EEAI and VES rebate are able to fully offset the ARF.

Read more about the Electric Vehicle Early Adoption Incentive (EEAI)