The LTA applied this grid factor once previously to an electric Peugeot Ion (a subcompact hatchback), and it was granted a carbon rebate of $20,000. Yes. With a power rating of 285kW, it is far less powerful than the other two Model S cars. There are some regulations with regards to importing used vehicles – primarily taking note that there are shipping and customs costs – including a S$10,000 surcharge (by customs). By registering, you agree to our T&C and Privacy Policy. To "account for CO2 emissions during the electricity generation process", the spokesman said, "a grid emission factor of 0.5g/watt-hour was also applied to the electric energy consumption". Tesla’s story here is an already dramatic one. All done! Transport Minister Khaw Boon Wan indicated in May that a new Model S would qualify for the maximum tax rebate of $30,000. The Model S - a sedan made by California-based Tesla Motors - is the first tailpipe emission-free car to be penalised this way here. The $10,000 rebate was granted to a brand-new Model S P85D, a 386kW all-wheel drive. Get unlimited access to all stories at $0.99/month for the first 3 months. So no car to test, unless the owner's car was used for the test. Mr Nguyen, married with three sons, said he paid the surcharge because he "didn't want to wait any longer". Mr Joe Nguyen, 44, registered a used Model S he sourced from Hong Kong just before Chinese New Year. For passenger and vintage cars, there is also a 20% excise duty which is levied on the cost of the vehicle. Its managing director Marcus Chua said documentation and inspection took nearly eight months for Mr Nguyen's car and just under six months for the second. It had clocked around 8,700km when it was imported from Hong Kong. 198402868E. SPH Digital News / Copyright © 2021 Singapore Press Holdings Ltd. Co. Regn. Tesla Model 3 Standard Range Plus (211kW) in Singapore will set u back by about $1862. Mr Nguyen with the used Tesla Model S, which he sourced from Hong Kong for close to $400,000. 198402868E. Electric car manufacturer Tesla has partnered with DBS Bank to provide loans at a more advantageous rate for customers. There is a lot of interest in the Model S.". The gift link for this subscriber-only article has expired. It had taken him more than half a year from the time he imported the car last July to get it approved and registered for use on the road. So seems like a bureaucrat took an opportunity to slap on an extra tax and hope it would be ignored. You have reached your limit of subscriber-only articles this month. All rights reserved. ", Mr Nguyen's car and the other used Model S car were imported through exotic car importer Supercars Singapore. This provides a financial incentive for people to select a lower emission TESLA model. But a log-in is still required for our PDFs. But seven months later, the LTA said it would stand by its original assessment and would not re-test Mr Nguyen's car. Two more cars from California- based electric carmaker Tesla have made their way to Singapore. TSLA stock weekly analysis series aims to help give a better insight and An electric car which attracts tax breaks in several countries has been slapped with a tax surcharge in Singapore. A version of this article appeared in the print edition of The Straits Times on March 05, 2016, with the headline 'Tesla slapped with $15k tax surcharge'. Share gift link below with your friends and family. The LTA, he noted, has taken into account emissions from power stations involved in charging the car battery. https://vulcanpost.com/733517/tesla-model-3-approved-for-sale-in-singapore Current regulations see car tax payable for TESLA models based on VED bands defined by official CO2 emissions levels, and purchase price. ", In response to queries, an LTA spokesman said: "Based on tests conducted under the UNECE R101 standards, the electric energy consumption of his imported used Tesla car was 444 watt-hour/km.". From this, it was determined that Mr Nguyen's Tesla produced 222g/km of CO2, putting it within the $15,000 surcharge band under Singapore's Carbon Emission- based Vehicle Scheme. A Tesla Model S is displayed inside their new Tesla flagship facility in San Francisco. The unidentified owner has not registered the car yet. Hong Kong waives registration tax for electric cars, which can be as high as 115 per cent of value. But a log-in is still required for our PDFs. A version of this article appeared in the print edition of The Straits Times on October 27, 2016, with the headline 'Two Tesla cars imported into S'pore granted tax breaks'. Singapore, Singapore. No. The Model S is granted tax breaks in several countries. The company first set up shop here in mid-2010 but left in early 2011 because it failed to secure green tax breaks. I tried asking in the Tesla website chat whether they would reduce the price of the car (following the cuts in US and Japan), or whether they could include certain freebies like floor mats, etc. The Tesla importation case is perhaps indicative of why we may have missed the opportunity.". Find out more about 2021 car tax costs on NGC's Car Tax Bands page. SPH Digital News / Copyright © 2021 Singapore Press Holdings Ltd. Co. Regn. Range Anxiety : In addition to the cost price, Singaporeans have to pay COE, ARF, Insurances, road tax, etc. LTA relooking case of Tesla electric car slapped with $15,000 carbon surcharge, Electric car Tesla slapped with $15,000 tax surcharge, Tesla boss calls PM Lee over CO2 surcharge levied on first Model S in Singapore. Tesla Motors does not import its cars into the country at present, and no Supercharger sites or destination chargers for Teslas exist in Singapore today. Road tax for Tesla Model 3 will be reduced from $2,300 to $1,500 from 1 January 2022. https://cleantechnica.com/2020/08/03/tesla-subsidies-how-much Tesla Has Finally Made It To Singapore (Photo Credit: WallpaperAccess) The story of Tesla making an entrance into Singapore was a rocky one. Car manufacturer Tesla has partnered with DBS Bank to provide loans at a more advantageous rate for customers with! Excise duty which is levied on the cost of the case, and price..., buyers get a $ 30,000 the company first set up shop here in mid-2010 but left in this. Road here NGC 's car tax bands page unlimited access to all stories at $ 0.99/month the... Tesla have made their way to Singapore 3 months been experiencing some problems subscriber! 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