MOTORISTS who lament rising petrol prices or are interested in doing their bit to curb climate change will have another way to keep driving without being a slave to the pump.
Arguably the most revolutionary and exciting development in transport is the Electric Vehicle Test Bedding Programme that will be carried out around September this year.
The programme, jo
intly headed by the Energy Market Authority (EMA) and Land Transport Authority (LTA) is set to kick off when the first units of the Mitsubishi i MiEV arrive in Singapore. Official importer Cycle & Carriage has signed a Memorandum Of Understanding (MOU) with the EMA and LTA to supply 50 units for the Test Bedding Programme. Renault and Nissan have also signed similar MOUs and are planning to launch their cars in 2011 and 2012 when production for their EVs begins.
As part of the three-year programme, the Electric Vehicles (EVs) used will be exempted from COE and other duties applied to normal cars. They will instead be levied under a scheme known as Transport Technology Innovation and Development Scheme (TIDES), where a Special Purpose Licence will be granted to each participating EV for a flat fee of $1,600 and it is valid for two years. Under TIDES, a Mitsubishi i-MiEV would cost around $99,000.
To qualify for TIDES, the EVs will have to be registered with government agencies or corporate entities.
Private individuals who want to own an i-MiEV would have to register their cars under the Green Vehicle Rebate. Such cars would sell for around $170,000 to $180,000 at current COE prices. One benefit of paying for the latter is that the owner is entitled to keep his car for the 10-year duration of the COE while the TIDES cars will be subjected to licence renewal after two years.
Without the Green Vehicle Rebate, the Mitsubishi i-MiEV would sell for over $200,000 with COE, and the standard duties apply.
Source : http://motoring.asiaone.com/Motoring/Owners/Buying%2BGuide/Story/A1Story20100104-189634.html
Arguably the most revolutionary and exciting development in transport is the Electric Vehicle Test Bedding Programme that will be carried out around September this year.
The programme, jo
intly headed by the Energy Market Authority (EMA) and Land Transport Authority (LTA) is set to kick off when the first units of the Mitsubishi i MiEV arrive in Singapore. Official importer Cycle & Carriage has signed a Memorandum Of Understanding (MOU) with the EMA and LTA to supply 50 units for the Test Bedding Programme. Renault and Nissan have also signed similar MOUs and are planning to launch their cars in 2011 and 2012 when production for their EVs begins.As part of the three-year programme, the Electric Vehicles (EVs) used will be exempted from COE and other duties applied to normal cars. They will instead be levied under a scheme known as Transport Technology Innovation and Development Scheme (TIDES), where a Special Purpose Licence will be granted to each participating EV for a flat fee of $1,600 and it is valid for two years. Under TIDES, a Mitsubishi i-MiEV would cost around $99,000.
To qualify for TIDES, the EVs will have to be registered with government agencies or corporate entities.
Private individuals who want to own an i-MiEV would have to register their cars under the Green Vehicle Rebate. Such cars would sell for around $170,000 to $180,000 at current COE prices. One benefit of paying for the latter is that the owner is entitled to keep his car for the 10-year duration of the COE while the TIDES cars will be subjected to licence renewal after two years.
Without the Green Vehicle Rebate, the Mitsubishi i-MiEV would sell for over $200,000 with COE, and the standard duties apply.
Source : http://motoring.asiaone.com/Motoring/Owners/Buying%2BGuide/Story/A1Story20100104-189634.html
