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As EVs Become the Majority of New Car Registrations in Singapore, Allianz Highlights a Shift in Ownership Mindset

SINGAPORE - Media OutReach Newswire - 7 July 2026 - Electric vehicles (EVs) have reached a defining milestone in Singapore. Allianz Insurance Singapore says the national EV conversation is evolving beyond adoption towards a fundamental shift in how drivers think about vehicle ownership, as EVs now account for the majority of new car registrations.

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