Tips to buy an Electric Car in Singapore

Procedure to buy an Electric Car in Singapore

In Budget 2020, DPM Heng Swee Kiat said that by 2040, Singapore will phase out internal combustion engine (ICE) vehicles (vehicles that utilize gasoline or diesel as fuel) in favor of entirely electric vehicles.

The advantages of hybrid and electric vehicles, such as reduced hazardous emissions, reduced noise pollution, lower energy costs, and less scrutiny from that one militant vegan buddy we all have.

Are you thinking about getting an electric vehicle but aren’t sure what to think about first?

1. Do you have access to an outdoor power outlet?

Make sure an outdoor plug is within 25 feet of your parking spot, it might be enough to get you started. A typical 120V wall socket may be used to charge all-electric vehicles, making it a fantastic alternative for overnight charging.

2. Public Charging

know where you can charge your electric vehicle if you are going out. For a map of home, public, and rapid charging stations near you, go to PlugShare.com or download the PlugShare app. Many people could be unemployed.

3. Check out incentives

Federal tax credits ranging from $2,500 to $7,500 are available when purchasing an electric vehicle. State and local tax breaks can reduce the cost of purchasing an electric vehicle by thousands of dollars.

Check out the Department of Energy’s guide on federal and state tax incentives for new automobiles and the installation of at-home charging stations.

4. How much does it cost to charge an electric vehicle?

Compared to a regular gasoline-powered car, electric vehicles have much lower fuel expenditures. A gallon of gas costs $2.32 on average, whereas an electric vehicle costs $1.11. Electricity tariffs, on the other hand, are more constant than oil prices. Keep the cost of charging an EV in mind.

5. Examine your electricity rates.

Time-of-use rates are offered by several utilities, which reduce the cost of electricity during off-peak hours. When charging an electric vehicle overnight, this plan may provide further savings to consumers. (In some places, the rate is even free!) For rates, contact your utility company.

Models of electric cars running in Singapore

1. Tesla Model 3

Types of Tesla Model 3: Standard Range Plus, Long Range, and Performance.
Energy Consumption: 50 kWh battery and 263 miles of range
Speed: 5.3s
Cost:  $112,845 – $154,815 (without COE)

Tesla Model 3

2. Audi e-Tron

Types of  Audi e-Tron: Premium, Premium Plus, and Chronos Edition
Energy Consumption:  646hp
Speed: 3.2s
Cost: $357,960-$397,901 (with COE)

Audi e-Tron

3. Renault Zoe

Energy Consumption: 16.1kwh/100km
Speed: 84 mph
Cost: $159,999 (with COE)

Renault Zoe

4. BMW i3

Types of  BMW i3: i3 / i3s (120 Ah),i3 (94 Ah),i3s (94 Ah),i3 (60 Ah)
Energy Consumption 12,9 kWh/100 km
Speed: 6.9 seconds
Cost: $205,888

BMW i3

5. BYD e6

Energy Consumption:  71.7kWh
Speed: 87 mph (140 km/h
Cost: S$113,888

BYD e6

6. MG ZS

Energy Consumption: 14.7 kWh/100km
Speed: 8.5 seconds
Cost: $169,888

7. Lexus UX300e

Energy Consumption: 15.0 kWh/km
Speed: 7.5 sec
Cost: S$255,800

Lexus UX300e

Advantages of buying an electric car

1. Electricity Is Less Expensive Than Gas

Driving a gas-powered car costs Singaporeans an average of S$2.25 per mile, which doesn’t sound like much until you consider that many electric cars cost a quarter of that, considering that energy is substantially less expensive than fuel.

2. It’s simple to refuel and recharge.

With a traditional automobile, one is at the whim of fluctuating gasoline prices by world events. You’ll never need to visit another petrol station with an electric vehicle. Instead, you may recharge from the convenience of your own home using your charging outlet.

3. Low Maintenance And High Performance

Electric cars do not require the same level of maintenance as gas-powered vehicles do. According to research published by Idaho National Laboratory, an electric car’s electric motor, controller, and charger all have few to no moving components and require little to no maintenance.

4. Quietly and quickly

It only takes one trip in a battery-powered automobile to realize how much better an electric car rides than a car with a gasoline-powered internal combustion engine. The rumble and tremors of a combustion-engined car are absent while starting an electric car, while tyre and wind noise are the only audible sounds while driving.

5. Automobiles with Zero Emissions

While hybrid owners laud their cars’ praises, the car’s operation is still reliant on the gas-powered component of the engine. Electric cars, on the other hand, emit no pollution. Antifreeze, oil, and other fluids are also not present, making it very environmentally friendly.

6. Tax credits and incentives.

The EV Early Adoption Incentive (EEAI) provides a reimbursement of up to 45 percent on the ARF for individuals who purchase completely electric cars and taxis.

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