Singapore’s government is considering implementing new laws that would require new buildings to install electric vehicle charging stations in at least 1 percent of parking spaces. The laws would help supplement EV adoption in the country and ensure there are enough charging stations available as the market share of electric cars increases.
The restrictions will apply to have EV chargers plugged into the electricity grid, mobile chargers, and battery charge and swap stations.
According to proposed laws to regulate EV charging in Singapore, all new buildings with car parks will be required to incorporate electric vehicle (EV) charging outlets in at least 1 percent of their total car and motorbike parking lots in the future. The Straits Times, a Singapore-based news outlet, first reported the story.
Authorities in Singapore are aware of the growth of EVs, and want to establish adequate infrastructure before the number of vehicles surpasses its charging network. “We see a strong impetus to introduce legislation to regulate EV charging across the key stakeholders in the EV charging industry, while the industry and EV adoption in Singapore are still nascent,” they said.
The proposed law for Electric Vehicle Charging Bill would give the Land Transport Authority (LTA) the authority to regulate EV chargers that will be used in Singapore. This will also establish a framework on EV charging operators and mandate the installation of EV chargers in buildings.
According to Singapore’s LTA, “As part of Singapore’s efforts to tackle climate change, Singapore intends to reduce our land transport emissions by 80% from 2016 levels, by around 2050. One key strategy to achieve this target is to increase the adoption of cleaner energy vehicles, and in particular, electric vehicles (EVs). EVs currently produce around half the emissions of an internal combustion engine vehicle.”
The Ministry of Transport (MOT) and the LTA want to develop laws to govern EV charging among the industry’s main stakeholders.
Tesla Model Y orders start in Australia, Japan, New Zealand & Singapore
Some of their considerations include maintaining public safety when using electric vehicle chargers. The proposed legislation aims to make electric vehicle charging services as safe as possible. Secondly, creating clear rules and regulations for the embryonic electric vehicle charging market. Lastly, setting the groundwork for an accessible and dependable network of electric vehicle chargers, as well as reducing the need for future upgrades.
The MOT and LTA are conducting a public meeting from June 15 to July 14. Their goal is to elicit public feedback on draft legislation to govern electric vehicle charging. The proposed legislation will provide the LTA statutory authority to enforce new EV charging standards.
Singapore is among the many countries developing more infrastructure for EVs. In the United States last Thursday, the Biden Administration proposed new guidelines for a nationwide network of electric vehicle charging stations. It was the most recent step forward in the Biden Administration’s push to encourage more Americans to switch to electric vehicles.
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Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
