Electric vehicle (EV) ownership in Singapore is on the rise. According to the Land Transport Authority (LTA), there are 56,770 electric cars in Singapore as of March 2026. This is more than double the number of electric cars at the end of 2024, which was 26,225. And that number isn’t slowing down, with electric cars making up 57.6% of the 13,322 new car registrations in the first quarter of 2026. Yet the perception of EVs as expensive persists, with the cost of buying an EV often accompanied by concerns about resale value and depreciation.
In Singapore, EV ownership is encouraged by the rebates from the Vehicular Emissions Scheme (VES) and the EV Early Adoption Incentive (EEAI), both of which have been extended into 2026. However, LTA has also made it clear that the overall benefits will continue to be tapered as adoption increases. For example, it was announced last year that EEAI would cease from 1 January 2027, while VES rebates for EVs dropped from $25,000 in 2025 to $22,500 in 2026. It will drop further to $20,000 in 2027.
It may be prudent, therefore, to find out how much the cheapest EVs in Singapore cost. Prices and other information are obtained from individual dealers’ websites and SGCarMart, as of 6 May 2026. All prices include the current VES and EEAI rebates.
#1 GAC Aion UT Standard – $158,988

Source: EV Hub
Battery Capacity: 44.12 kWh
Maximum Power: 100 kW
Estimated Driving Range: 335 km
Energy Consumption: 15.6 kWh/100km
Top Speed: 145 km/h
Acceleration (0-100km/h): 12 seconds
#2 GAC Aion ES – $160,988

Source: EV Hub
Battery Capacity: 55.2 kWh
Maximum Power: 100 kW
Estimated Driving Range: 364 km
Energy Consumption: 16.7 kWh/100km
Top Speed: 150 km/h
Acceleration (0-100km/h): 12.1 seconds
#3 GAC Aion UT Premium – $162,988

Source: EV Hub
Battery Capacity: 60 kWh
Maximum Power: 100 kW
Estimated Driving Range: 510 km
Energy Consumption: 17.4 kWh/100km
Top Speed: 160 km/h
Acceleration (0-100km/h): 10 seconds
#4 Omoda E5 – $164,988

Source: Vertex Automobiles
Battery Capacity: 59 kWh
Maximum Power: 99 kW
Estimated Driving Range: 430 km
Energy Consumption: 15.9 kWh/100km
Top Speed: 172 km/h
Acceleration (0-100km/h): 11.1 seconds
#5 Dongfeng Box – $166,888

Source: Dongfeng
Battery Capacity: 42.3 kWh
Maximum Power: 70 kW
Estimated Driving Range: 430 km
Energy Consumption: Not stated on brochure
Top Speed: 140 km/h
Acceleration (0-100km/h): Not stated on brochure
#6 GAC Aion Y Plus Elite – $168,988

Source: EV Hub
Battery Capacity: 63.2 kWh
Maximum Power: 100 kW
Estimated Driving Range: 430 km
Energy Consumption: 16.6 kWh/100km
Top Speed: 150 km/h
Acceleration (0-100km/h): 9.8 seconds
#7 Seres 3 Classic – $170,800

Source: Vin’s Automotive Group
Battery Capacity: 54 kWh
Maximum Power: 99 kW
Estimated Driving Range: 334 km
Energy Consumption: Not stated in brochure
Top Speed: 155 km/h
Acceleration (0-100km/h): 8.9 seconds
#8 Proton e.MAS 7 Premium – $170,988

Source: Kinetic Auto
Battery Capacity: 60.22 kWh
Maximum Power: 100 kW
Estimated Driving Range: 410 km
Energy Consumption: 16.6 kWh/100km
Top Speed: 175 km/h
Acceleration (0-100km/h): 9.9 seconds
#9 BYD Atto 2 – $171,888

Source: BYD by 1826
Battery Capacity: 51.13 kWh
Maximum Power: 100 kW
Estimated Driving Range: 345 km
Energy Consumption: 17 kWh/100km
Top Speed: 160 km/h
Acceleration (0-100km/h): 9 seconds
#10 JMEV ELIGHT – $173,777

Source: JMEV
Battery Capacity: 51.13 kWh
Maximum Power: 100 kW
Estimated Driving Range: 345 km
Energy Consumption: 17 kWh/100km
Top Speed: 160 km/h
Acceleration (0-100km/h): 9 seconds
#11 GAC Aion Y Plus Premium – $174,988

Source: EV Hub
Battery Capacity: 63.2 kWh
Maximum Power: 100 kW
Estimated Driving Range: 430 km
Energy Consumption: 16.6 kWh/100km
Top Speed: 150 km/h
Acceleration (0-100km/h): 9.8 seconds
#13 Jaecoo 6 RWD – $174,999

Source: Vertex Automobiles
Battery Capacity: 65.69 kWh
Maximum Power: 99 kW
Estimated Driving Range: 354 km
Energy Consumption: 21.5 kWh/100km
Top Speed: 150 km/h
Acceleration (0-100km/h): 10.5 seconds
#13 NIO Firefly – $174,999

Source: NIO
Battery Capacity: 42 kWh
Maximum Power: 100 kW
Estimated Driving Range: 320 km
Energy Consumption: 15.2 kWh/100km
Top Speed: 150 km/h
Acceleration (0-100km/h): 8.1 seconds
#14 GAC Aion V Premium – $175,988

Source: EV Hub
Battery Capacity: 64.5 kWh
Maximum Power: 100 kW
Estimated Driving Range: 435 km
Energy Consumption: 16.7 kWh/100km
Top Speed: 160 km/h
Acceleration (0-100km/h): 9.8 seconds
#15 JMEV ELIGHT Premium – $179,777

Source: JMEV
Battery Capacity: 51.13 kWh
Maximum Power: 100 kW
Estimated Driving Range: 345 km
Energy Consumption: 17 kWh/100km
Top Speed: 160 km/h
Acceleration (0-100km/h): 9 seconds
Read Also: Cheapest Cars That You Can Buy In Singapore