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Fully electric vehicles (EVs) with up to 110kW of power will come under the Category A certificate of entitlement (COE) from May onwards


Mockngbrd
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(edited)
6 hours ago, chengchoonfei said:

New rule allows EV to park under Cat A up to 110KW which is meant for cat B to allow more mass market models.

But LTA missed the forest for the tree.  The main obstacle is the TOTAL cost of owning EV.  Unless EV car price is on a par with ICE, the response from car owners is anything but.  Presently, even with $25k rebate, the price is still higher by $50k on average as compared with ICE.  Moreover, your road tax is higher than ICE plus your PARF is only maximum $5k when you scrap.  After 5 years, your EV battery must change and cost more than $5k

If you save $400 a month on fuel, 10 years can save $50k at $3 a litre of day light  robbery petrol prices. Lol 

Edited by Voodooman
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1 hour ago, Voodooman said:

Tesla battery can last 200,000 miles (320,000 km), I read. 

Correct. New ones estimate to average up to 200k. 100k miles is the warranty period. 

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Car dealers trim EV prices ahead of new COE rule

A classification change set to come into effect in May raises the prospect of cheaper electric cars

MAY the Fourth be with you, if you're eyeing a new electric vehicle (EV). That's the date many EVs are expected to become cheaper here, thanks to a change to the certificate of entitlement (COE) system designed to spur electric car adoption by making them more affordable.

Transport Minister S Iswaran announced the COE tweak in Parliament on March 8. The change will see some EVs shuffled from the Quota System's Category B to Category A, which is typically the segment with the lowest premium. This week's COE auction ended with Category A at S$68,501, a fresh high for 2022 but still a good S$26,388 cheaper than the Category B certificate.

https://www.businesstimes.com.sg/hub/bt-motoring/car-dealers-trim-ev-prices-ahead-of-new-coe-rule

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7 electric cars set to get cheaper in May

THANKS to an upcoming change to the certificate of entitlement (COE) system, some electric cars look set to become more affordable. From May onwards, electric vehicles (EVs) with a maximum power output of 110 kilowatts will be classified as Category A cars, meaning many that once needed Category B COEs (which tend to be more expensive) will come down in price.

The move is aimed at making mass-market EVs more affordable. Here are 7 such cars that qualify for the change.

https://www.businesstimes.com.sg/hub/bt-motoring/7-electric-cars-set-to-get-cheaper-in-may?login=true

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