COE premiums may go higher for longer, driven by EV demand: Observers

Market watchers expect Certificate of Entitlement (COE premiums) to rise in the short to medium term, driven by higher demand for electric vehicles and more models coming into Singapore. This is as more Chinese EV brands are looking to enter the Singapore market with a bigger range to offer. CNA's Nasyrah Rohim reports. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia