Singapore aims to phase out petrol and diesel vehicles by 2040

SINGAPORE (Reuters) - Singapore aims to phase out petrol and diesel vehicles by 2040, making a bigger bet on electric cars as part of its efforts to cut greenhouse gases and fight climate change, the finance minister said on Tuesday.The wealthy city-state of 5.7 million, which is hiking investment in flood defences, joins Norway, Britain and others in setting a target to cut the use of vehicles with combustion engines. "Our vision is to phase out ICE (internal combustion engine) vehicles and..