Would someone tabulate the running costs of an EV,
New batteries if it lasts 20 years as they say it will, means that a EV car with minimum maintenance will not give you any problems within that stipulated period. But battery storage capacity may reduce over time to 70-80% of that when new.
It could be a hybrid bmw with maybe 20kwhr lithium Ion batteries used to power the car during acceleration and charge when braking.can someone please share with her that a BMW petrol vehicle just caught fire on road last week and killed the driver?
https://www.straitstimes.com/singap...pe-two-expressway-exits-closed-after-accident
Baseline assumptions| Parameter | EV (e.g. BYD Seal, Tesla Model 3 RWD) | ICE Car (e.g. Toyota Corolla 1.6 / Honda Civic 1.5T) |
|---|---|---|
| Electricity cost (home AC charging) | S$0.30 per kWh (SP Tariff) | — |
| Electricity cost (public DC fast charging) | S$0.55 per kWh (Shell Recharge / Charge+ avg) | — |
| Energy efficiency | 6 km per kWh (EV) | 14 km per litre (ICE) |
| Petrol price | — | S$2.75 per litre (95-oct) |
| Annual mileage | 15,000 km | 15,000 km |
| Car price (new) | S$170,000 (EV mid-range) | S$130,000 (ICE mid-range) |
| Road tax | S$1,400/year (EV) | S$800/year (ICE 1.6L) |
| Maintenance | 50% cheaper for EV | — |
Running cost per kilometre (travel cost)| Cost component | Formula | EV (home charge) | EV (public charge) | ICE |
|---|---|---|---|---|
| Energy/fuel | (Tariff ÷ km/kWh or km/litre) | 0.30 ÷ 6 = S$0.05/km | 0.55 ÷ 6 = S$0.09/km | 2.75 ÷ 14 = S$0.20/km |
| Maintenance | (Est. per km) | ~S$0.05/km | ~S$0.05/km | ~S$0.10/km |
| Road tax (annual ÷ 15,000) | ~S$0.09/km | ~S$0.09/km | ~S$0.05/km | |
| Total travel cost | S$0.19/km | S$0.23/km | S$0.35/km |
EV travel cost per km:
Daily all-in ownership cost (depreciation, insurance, tax, maintenance, energy)| Cost Component | EV | ICE |
|---|---|---|
| Purchase price | S$170,000 | S$130,000 |
| Depreciation (8 years) | S$21,000/yr = S$58/day | S$16,000/yr = S$44/day |
| Road tax | S$1,400/yr = S$3.80/day | S$800/yr = S$2.20/day |
| Insurance | S$1,800/yr = S$4.90/day | S$1,500/yr = S$4.10/day |
| Maintenance | S$500/yr = S$1.40/day | S$1,000/yr = S$2.70/day |
| Energy/fuel (15,000 km/yr = 41 km/day) | 41×S$0.19 = S$7.80/day | 41×S$0.35 = S$14.40/day |
Key insights Travel cost per km
Total daily cost (ownership + running)
Summary table| Metric | EV | ICE |
|---|---|---|
| Travel Cost per km | S$0.19–0.23 | S$0.35 |
| Daily All-in Cost | S$76 | S$67 |
| 8-year Total Cost (est.) | ~S$221K | ~S$196K |
| Maintenance Effort | Low | Moderate |
| Energy Source | Electricity (home/public) | Petrol |
| Environmental Impact | Cleaner | Higher emissions |
Thank You, SirRanjiao EV is still not worth it for the moment and even worse in the future when the VES rebates gets lower. EVs has a lot of hidden costs (e.g. more than double road tax, higher insurance, higher price depending on your car make/model) which will negate any savings over ICE or even hybrids, not forgetting the inconvenience of charging. The only exception is when you stay in landed with own EV charger.
But then it also depends on your usage patterns (long distance vs short-distance city driving), which car make/model you buy and do an apple to apple comparison and what you features want for a car to give you maximum utility at the lowest possible cost. IMO, the best value for money car with lowest running costs is a < 1600cc Toyota hybrid. Even Plug-in hybrids for China cars is still a question mark as their technology and reliability is not yet tested. So costs alone is not enough, it is what maximum utility you can get from the car at the lowest possible cost.
-------------------------
Here is the tabulation and comparison of the real running costs of an Electric Vehicle (EV) versus a typical Internal Combustion Engine (ICE) car in Singapore, using realistic 2025 numbers.
Parameter EV (e.g. BYD Seal, Tesla Model 3 RWD) ICE Car (e.g. Toyota Corolla 1.6 / Honda Civic 1.5T) Electricity cost (home AC charging) S$0.30 per kWh (SP Tariff) — Electricity cost (public DC fast charging) S$0.55 per kWh (Shell Recharge / Charge+ avg) — Energy efficiency 6 km per kWh (EV) 14 km per litre (ICE) Petrol price — S$2.75 per litre (95-oct) Annual mileage 15,000 km 15,000 km Car price (new) S$170,000 (EV mid-range) S$130,000 (ICE mid-range) Road tax S$1,400/year (EV) S$800/year (ICE 1.6L) Maintenance 50% cheaper for EV —
Cost component Formula EV (home charge) EV (public charge) ICE Energy/fuel (Tariff ÷ km/kWh or km/litre) 0.30 ÷ 6 = S$0.05/km 0.55 ÷ 6 = S$0.09/km 2.75 ÷ 14 = S$0.20/km Maintenance (Est. per km) ~S$0.05/km ~S$0.05/km ~S$0.10/km Road tax (annual ÷ 15,000) ~S$0.09/km ~S$0.09/km ~S$0.05/km Total travel cost S$0.19/km S$0.23/km S$0.35/km
So an EV saves around S$0.12–0.16/km on running cost.
- Home-charged EV ≈ S$0.19/km
- Public-charged EV ≈ S$0.23/km
- ICE ≈ S$0.35/km
| Total Daily Cost (All-In) | S$76/day (EV) | S$67/day (ICE) |
Cost Component EV ICE Purchase price S$170,000 S$130,000 Depreciation (8 years) S$21,000/yr = S$58/day S$16,000/yr = S$44/day Road tax S$1,400/yr = S$3.80/day S$800/yr = S$2.20/day Insurance S$1,800/yr = S$4.90/day S$1,500/yr = S$4.10/day Maintenance S$500/yr = S$1.40/day S$1,000/yr = S$2.70/day Energy/fuel (15,000 km/yr = 41 km/day) 41×S$0.19 = S$7.80/day 41×S$0.35 = S$14.40/day
- EV: S$0.19–S$0.23
- ICE: S$0.35
EVs are about 35–45% cheaper to run per km.
- EVs still cost more per day overall if you factor higher upfront price and depreciation.
- Over 8 years, savings on fuel and maintenance may offset the higher purchase cost partially, but not fully yet in 2025 (due to high COE and EV premiums).
Metric EV ICE Travel Cost per km S$0.19–0.23 S$0.35 Daily All-in Cost S$76 S$67 8-year Total Cost (est.) ~S$221K ~S$196K Maintenance Effort Low Moderate Energy Source Electricity (home/public) Petrol Environmental Impact Cleaner Higher emissions Conclusion
For now in Singapore:
- EVs win on operating cost per km.
- ICE cars win on total ownership cost per day, due to lower purchase and depreciation.
- Best case for EVs: if you can charge at home (Landed or Condo EV charger) and plan to keep the car 8–10 years, you’ll eventually break even or come ahead.
-----------Source: ChatGPT
most likely modded with nitrous boosters.can someone please share with her that a BMW petrol vehicle just caught fire on road last week and killed the driver?
https://www.straitstimes.com/singap...pe-two-expressway-exits-closed-after-accident
Performance Motors has issues
Also because of long dyrstion between service. Unlike japanese which insust on 5000km service intervals.
now 10000km too for Jap vehicles
during my 2025 work trip in china, the locals told me that consumers stopped buying EVs this yearRanjiao EV is still not worth it for the moment and even worse in the future when the VES rebates gets lower. EVs has a lot of hidden costs (e.g. more than double road tax, higher insurance, higher price depending on your car make/model) which will negate any savings over ICE or even hybrids, not forgetting the inconvenience of charging. The only exception is when you stay in landed with own EV charger.
But then it also depends on your usage patterns (long distance vs short-distance city driving), which car make/model you buy and do an apple to apple comparison and what you features want for a car to give you maximum utility at the lowest possible cost. IMO, the best value for money car with lowest running costs is a < 1600cc Toyota hybrid. Even Plug-in hybrids for China cars is still a question mark as their technology and reliability is not yet tested. So costs alone is not enough, it is what maximum utility you can get from the car at the lowest possible cost.
-------------------------
Here is the tabulation and comparison of the real running costs of an Electric Vehicle (EV) versus a typical Internal Combustion Engine (ICE) car in Singapore, using realistic 2025 numbers.
Parameter EV (e.g. BYD Seal, Tesla Model 3 RWD) ICE Car (e.g. Toyota Corolla 1.6 / Honda Civic 1.5T) Electricity cost (home AC charging) S$0.30 per kWh (SP Tariff) — Electricity cost (public DC fast charging) S$0.55 per kWh (Shell Recharge / Charge+ avg) — Energy efficiency 6 km per kWh (EV) 14 km per litre (ICE) Petrol price — S$2.75 per litre (95-oct) Annual mileage 15,000 km 15,000 km Car price (new) S$170,000 (EV mid-range) S$130,000 (ICE mid-range) Road tax S$1,400/year (EV) S$800/year (ICE 1.6L) Maintenance 50% cheaper for EV —
Cost component Formula EV (home charge) EV (public charge) ICE Energy/fuel (Tariff ÷ km/kWh or km/litre) 0.30 ÷ 6 = S$0.05/km 0.55 ÷ 6 = S$0.09/km 2.75 ÷ 14 = S$0.20/km Maintenance (Est. per km) ~S$0.05/km ~S$0.05/km ~S$0.10/km Road tax (annual ÷ 15,000) ~S$0.09/km ~S$0.09/km ~S$0.05/km Total travel cost S$0.19/km S$0.23/km S$0.35/km
So an EV saves around S$0.12–0.16/km on running cost.
- Home-charged EV ≈ S$0.19/km
- Public-charged EV ≈ S$0.23/km
- ICE ≈ S$0.35/km
| Total Daily Cost (All-In) | S$76/day (EV) | S$67/day (ICE) |
Cost Component EV ICE Purchase price S$170,000 S$130,000 Depreciation (8 years) S$21,000/yr = S$58/day S$16,000/yr = S$44/day Road tax S$1,400/yr = S$3.80/day S$800/yr = S$2.20/day Insurance S$1,800/yr = S$4.90/day S$1,500/yr = S$4.10/day Maintenance S$500/yr = S$1.40/day S$1,000/yr = S$2.70/day Energy/fuel (15,000 km/yr = 41 km/day) 41×S$0.19 = S$7.80/day 41×S$0.35 = S$14.40/day
- EV: S$0.19–S$0.23
- ICE: S$0.35
EVs are about 35–45% cheaper to run per km.
- EVs still cost more per day overall if you factor higher upfront price and depreciation.
- Over 8 years, savings on fuel and maintenance may offset the higher purchase cost partially, but not fully yet in 2025 (due to high COE and EV premiums).
Metric EV ICE Travel Cost per km S$0.19–0.23 S$0.35 Daily All-in Cost S$76 S$67 8-year Total Cost (est.) ~S$221K ~S$196K Maintenance Effort Low Moderate Energy Source Electricity (home/public) Petrol Environmental Impact Cleaner Higher emissions Conclusion
For now in Singapore:
- EVs win on operating cost per km.
- ICE cars win on total ownership cost per day, due to lower purchase and depreciation.
- Best case for EVs: if you can charge at home (Landed or Condo EV charger) and plan to keep the car 8–10 years, you’ll eventually break even or come ahead.
-----------Source: ChatGPT
