EVFY B2B EV Leasing Plans: What’s Inside Our Contract?

EVFY B2B EV Leasing Plans: What’s Inside Our Contract?

Jun 20, 2025

Jun 20, 2025

Are you ready to upgrade your fleet to electric—but want full transparency before making the switch?

At EVFY, we believe that clarity builds trust—and trust powers strong partnerships. Our b2b EV leasing plans aren’t just about handing you a set of keys. They’re about delivering certainty, cost control, and service you can depend on. Whether you’re a logistics operator, F&B distributor, or SME in Singapore, you need a leasing solution that keeps your operations efficient and your obligations clear.

So, what’s really inside our ev leasing contracts? Let’s unpack the terms, expectations, and value—so you know exactly what you’re signing up for.

TL;DR – Key Takeaways

  • One transparent monthly fee covers the vehicle, servicing, insurance, and 24/7 support.

  • Select from five EV models, each suited for different urban and commercial transport needs.

  • Customizable lease durations and end-of-contract flexibility help businesses remain agile.

  • Clear responsibilities for maintenance, usage, and driver qualifications minimize disputes.

  • Hands-on support from EVFY includes roadside help, scheduled servicing, and data privacy compliance.

What’s Included in EVFY’s EV Leasing Plans?

Our b2b EV leasing plans are designed for predictability and simplicity. With every contract, you’ll receive:

  • Full use of a selected EV model from our fleet

  • Coverage of road tax, registration fees, and commercial insurance

  • Access to authorized servicing and preventive maintenance

  • 24/7 emergency roadside assistance

  • Dedicated EVFY support staff for onboarding, scaling, and renewals

All this is offered at a single fixed monthly rate, giving you operational stability and budget confidence.

What B2B EV Leasing Options Can You Choose from EVFY?

We provide a range of electric vans and trucks to meet diverse business needs. All models are fully electric, cost-effective to operate, and easy to charge.

  • BYD T3: For light urban deliveries

    • Payload: 780 kg | Volume: 3800 L | Range: Up to 300 km

  • DFSK EC35: For larger payloads and longer coverage

    • Payload: 1100 kg | Volume: 4800 L | Range: Up to 331 km

  • Golden Dragon XML5036: For bulk cargo and high-capacity demands

    • Payload: 1730 kg | Volume: 6500 L | Range: Up to 250 km

  • DFSK EC31: A compact truck for maneuverability and power

    • Payload: 1280 kg | Volume: 3500 L | Range: Up to 280 km

  • SRM T3: A balance of endurance and strength

    • Payload: 1625 kg | Volume: 3500 L | Range: Up to 300 km

Vehicles are maintained in optimal condition and designed to serve Singapore’s road networks and commercial hubs reliably.

Lease Terms, Durations, and Renewals

Your lease term can be customized to match your operational timeframe:

  • Choose durations from 12 to 60 months

  • At term completion, contracts automatically renew month-to-month unless otherwise arranged

  • Early termination is allowed with 30 days’ written notice, plus applicable repair or settlement fees

Multiple end-of-lease options are available, including upgrading to a newer model, extending the term, or returning the vehicle.

Deposit Requirements and Payment Terms

  • A refundable interest-free deposit is collected at the start

  • Deposit cannot be used to offset lease charges during the term

  • Monthly payments are due in advance and must be made punctually

  • Late payments result in a 2% interest charge and S$50 administrative fee per incident

  • Deposit is fully refunded upon compliance with all lease conditions

This arrangement ensures fairness and financial transparency.

Responsibilities of the Hirer

As the lessee, you’re responsible for:

  • Ensuring the vehicle is used within Singapore in accordance with all laws

  • Avoiding unauthorized modifications, branding, or decal removals

  • Authorizing only qualified drivers (aged 23+, valid Singapore license with 2+ years’ experience)

  • Reporting any disqualifying incidents such as demerit point accumulation or insurance changes

Vehicle misuse or unlawful activity can result in contract termination and forfeiture of deposit.

Damage, Repairs, and Servicing

You are responsible for the vehicle throughout the lease. In the event of accidents or damage:

  • Insurance excess charges apply if you’re found at fault

  • Damage not covered by insurance must be reimbursed by the hirer

  • All maintenance must be completed at EVFY-approved workshops

  • If routine servicing is skipped, penalties of S$150 to S$900 may apply

  • If the vehicle is unavailable for over 12 hours, EVFY may provide a replacement, subject to availability

Preventive checks on brakes, clutch, and tyres are encouraged—and part of your duty to preserve the vehicle's condition.

Insurance Coverage

  • Every vehicle is insured under a valid commercial policy

  • Drivers must meet stated qualifications at all times

  • Misuse, unauthorized drivers, or driving under the influence voids coverage

  • Repeat claims may raise insurance premiums or excess in future leases

All insurance terms are clearly outlined in the lease documents to ensure shared understanding.

End-of-Lease, Termination, and Repossession

When your lease ends or is cancelled:

  • Return the vehicle in good condition, with tools, accessories, and full fuel

  • Remove all personal belongings; EVFY is not liable for items left inside

  • Failure to return the vehicle may result in repossession, with costs passed to the hirer

  • Early termination includes settlement of remaining charges, reinstatement costs, and potential liquidated damages

Our goal is to make transitions smooth and fair, so you're free to reassess your fleet needs when the time is right.

Data Protection and Notices

EVFY complies fully with the Personal Data Protection Act (PDPA). We collect and disclose personal data only as required by law or operational necessity. Your personal and business information may be shared with:

  • Insurance providers

  • Regulatory authorities

  • Fleet support services

  • Legal teams for contractual enforcement

Written notice is required for all communications, and delivery is deemed effective by post the next day after sending.

Conclusion: EVFY Powers Singapore’s Smarter Fleets

EVFY’s b2b EV leasing contracts are more than documents—they’re partnerships built on transparency and performance. With electric fleets becoming a necessity rather than a luxury, businesses across Singapore are turning to EVFY for dependable, future-ready vehicle solutions.

When you choose EVFY, you gain:

  • Access to fully electric, professionally maintained commercial vehicles

  • Comprehensive coverage in every plan—no hidden fees

  • Flexible lease structures that evolve with your business

  • Expert support from onboarding to end-of-lease

  • A trusted partner that understands your logistics and sustainability goals

The shift to electric mobility starts with confidence. And confidence starts with EVFY.

EVFY makes ev leasing simple, scalable, and structured to support your growth. It's not just a lease. It’s a commitment—to better business, cleaner transport, and lasting service.

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY