Vehicles are actually costly in Singapore in comparison with most nations. An article by Timothy Ho printed in April this 12 months explains why. Numerous it has to do with making an attempt to regulate the automotive inhabitants in Singapore. It’s no marvel a current Mannequin Y Index confirmed that Singapore tops the costliest Mannequin Y Listing. The index checked out 42 nations and located that Singapore supplied the costliest Mannequin Y on the planet, costing as a lot as S$142,471 ($103,800) — rising to over $180,000 after levies for some as reported right here on CleanTechnica. In China for instance, the Mannequin Y begins from $40,411. Different examples from the index are Japan ($46,300), New Zealand ($48,393), Macau ($49,509), France ($49,617), and Australia ($51,093)
An fascinating level that was lined within the article is how the Mannequin Y provides the most effective worth for cash in comparison with the opposite EV choices obtainable in a rustic with very restricted vary of EVs on sale. Maybe this explains why Tesla has been doing comparatively properly in Singapore and likewise why the Mannequin Y accounted for over 80% of Tesla registrations over the past three months in Singapore.
Daren Yoong shared a pleasant abstract on Twitter on this. Based mostly on Singapore’s Land Transport Authority, the Mannequin Y had 90%, 80%, and 75% share of Tesla registrations in Singapore in September, October, and November respectively. The full Tesla registrations in Singapore for a similar months have been 242, 40, and 85 respectively. The opposite Tesla mannequin offered there may be the Mannequin 3. There are actually over 1,700 Teslas in Singapore.
Tesla began delivering autos in Singapore in July 2021 and solely began taking orders of the Mannequin Y in June of this 12 months when it opened up orders for different right-hand drive markets resembling Japan, Australia, and New Zealand. Tesla had already began taking orders for the UK late final 12 months and deliveries began earlier this 12 months.
Tesla now usually tops the EV gross sales charts in Singapore’s nascent market, which has only a few choices for individuals to select from. For instance, in November, Tesla topped the charts with 85 models, adopted by BMW with 76 models, BYD with 73 models, and Mercedes with 48 models in fourth. It’s good to see Mercedes and BMW within the combine and fairing fairly properly with the massive boys of the EV sport, Tesla and BYD.
Photographs courtesy of Daren Yoong
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