Blog / Car Insurance
Is it worth switching to an electric car?
Are you still driving a regular ol’ petrol/diesel car?
Maybe it’s time for a change. Because change is going to save you money.
As you know, with the Vehicular Emissions Scheme (VES) in place, it means that cleaner cars will qualify for rebates whilst cars with higher emission will incur surcharges.
Cleaner cars are either petrol-electric hybrids or fully electric cars. The emissions-based taxation scheme is a smart way to think about cars because it offers up to $30,000 in rebates.
That’s plenty of money.
They function just as normal petrol/diesel/hybrid cars but they don’t need filling up, only power up just as your mobile phone.
But with more and more EV charging stations available, soon - perhaps in less than a decade, they will be the new standard.
One thing’s for sure, they are much cleaner to the environment and are very quiet.
So, which cars should you consider as your first hybrid/electric car?
The choices are few, so here are 4 electric cars to consider.
1) Nissan Leaf
The most celebrated electric car from Nissan should cost around $160,000 when it goes on sale next year. The electric motor produces 110 kW (148 hp) and 320 Nm of torque. It also boasts a higher-capacity 40 kWh lithium-ion battery that increases its electric driving range to 378 km.
2) Renault Zoe
Recently launched Renault Zoe is priced at S$139,999 inclusive of COE. It has a 91 horsepower motor and needs 13.2 seconds to accelerate to 100 km/h. The subcompact hatch has a claimed range of 400 km per full charge, making it a practical car for long drives to Malaysia.
3) Hyundai Ioniq Electric
Costs $139,888 with COE, the Ioniq Electric has a range of 280 km per full charge. It gallops to 100 km/h in 9.9 seconds, thanks to its powerful 120 horsepower electric motor. Best equipped of all in the list and fastest in acceleration.
4) BMW i3
This compact BMW has a range of close to 300km - up significantly from the original version's 170km. It is priced at $184,999 with COE. Probably the most posh electric car (with the Zoe the most stylish) in the list with a premium badge.