The Certificate of Entitlement (COE) quota for May 2022 to July 2022 will be 11,951. Details of the quota for each COE category are in Annex A. Bidding under this quota will start on 4 May 2022.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the three-month period of January 2022 to March 2022;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2021; and
c. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.
3. As announced at the Ministry of Transport Committee of Supply 2022, the Category A Maximum Power Output threshold for electric cars will be revised from 97kW to 110kW, to allow more mass-market electric cars to come under Category A. This change will take effect from the first COE bidding exercise in May 2022, which will take place from 4 to 6 May 2022.
4. The next quota announcement for the bidding period of August 2022 to October 2022 will be made in July 2022.