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Benefits of EV
Electric Vehicle (EV) vs
Internal Combustion Engine (ICE) Vehicle
-
EV
ICE
-
Eco-friendliness
Excellent
Poor
-
Upfront cost
Higher
Lower
-
Mileage Cost
Lower
Higher
-
Maintenance
Less frequent
More frequent
-
Range
Shorter
Longer
-
Noise generation
Lower
Higher
-
-
Eco-friendliness
Excellent
Poor
-
Upfront cost
Higher
Lower
-
Mileage Cost
Lower
Higher
-
Maintenance
Less frequent
More frequent
-
Range
Shorter
Longer
-
Noise generation
Lower
Higher
INCENTIVES AND REBATES for switching
-
EV Early adoption incentive (EEaI)
From 1 Jan 2024 to 31 Dec 2025
- Newly registered fully-electric cars and taxis will receive 45% rebate off Additional Registration Fee (ARF), capped at $15,000.
-
Enhanced Vehicular Emissions Scheme (VES)
From 1 Jan 2024 to 31 Dec 2025
- Rebates of up to $25,000 for cars and $37,500 for taxis for VES Band A1.
- Rebates of up to $5,000 for cars and $7,500 for taxis in Band A2.
-
Commercial Vehicles Emissions Scheme (CVES)
From 1 Apr 2021 to 31 Mar 2025
- Categorised into 3 bands (A, B or C) based by their worst performing pollutant.
- $15,000 surcharge for the most pollutive vehicle – Band C.
- $15,000 incentive for the least pollutive vehicle – Band A.
-
Enhanced Early Turnover Scheme (ETS)
Till 31 MAR 2025
- Enjoy discounted Prevailing Quota Premium (PQP) for your Certificate of Entitlement (COE) when you replace your existing vehicle with a more environmentally friendly model. Eligibility criteria of both vehicles must be met to qualify.
SWITCHING TO AN EV IS NOW MORE ATTRACTIVE
‘IF YOU REALLY WANT TO REDUCE CARBON EMISSIONS, TAKE PUBLIC TRANSPORT. BUT IF YOU HAVE TO BUY A CAR, BUY AN EV!‘
LOWER CARBON FOOTPRINT
While EVs are more costly to build, they have significantly higher environmental advantage than Internal Combustion Engine (ICE) vehicles over its entire lifecycle.
QUIETER ROADS
EVs produce less noise as compared to ICE vehicles. This creates quieter roads and reduces the overall noise pollution.
REUSABLE BATTERIES
At the end of the vehicle’s lifespan, EV batteries can be recycled and repurposed as alternative power sources.
‘I WOULD PREFER AN ELECTRIC VEHICLE TO INTERNAL COMBUSTION ENGINE VEHICLE ANY DAY‘
A SMOOTHER DRIVE
EVs offer a smoother driving experience as there is no need for gear changes. The electric-powered engine also creates a significantly quieter drive.
LESS MAINTENANCE
There are fewer moving parts in an EV as compared to an ICE vehicle. This means that less maintenance is required over the vehicle’s lifespan.
AVAILABILITY OF CHARGING
Every HDB town will be EV-Ready by end 2025. By 2030, close to 60,000 charging points will be deployed in tandem with EV adoption.
fact or fiction
Correct
Wrong
To lower the upfront cost of owning an EV, there are government incentives in place such as the Early EV Adoption Incentive (EEAI) and the Enhanced Vehicular Scheme (VES).
Correct
Wrong
Under the Singapore Green Plan, the LTA has a comprehensive EV roadmap to drive EV adoption in Singapore. One of our goals is for every HDB town to be EV-ready by 2025.
Correct
Wrong
Since there are fewer moving parts in an EV as compared to an ICE vehicle, less maintenance is required over the lifespan of an EV.
Correct
Wrong
A typical car in Singapore travels an average of 48km a day. On a full charge, most EVs can cover at least 300km. Based on this, a full charge should last around five to six days.
Correct
Wrong
Since the electric motor in an EV is able to deliver power directly to its wheels, acceleration is instant. Furthermore, no revving of the motor is needed to get up to speed.
Correct
Wrong
Since 1 January 2022, the government had merged the road tax brackets of 30-90kW and 90-230kW, such that electric cars in the 90-230kW bracket are subjected to the road tax formula of the 30-90kW bracket. This would lead to a reduction of up to 34% in road tax for electric cars in the 90-230kW bracket.
