Electric vehicles (EVs) are no longer just the future—they’re the present. With Singapore’s ambitious goal of phasing out internal combustion engine vehicles by 2040, leasing an EV has become an increasingly attractive option for businesses. But how do you decide which EV is right for your needs? Let’s explore the key features to look for when leasing an EV in Singapore, with practical examples and industry insights.
What Range Should You Expect When Leasing an EV?
For most businesses, range is one of the first things to evaluate when leasing an EV. The right EV should meet your daily mileage requirements without requiring frequent recharges.
BYD T3: This compact van offers up to 300 km of range on a full charge, ideal for city-based deliveries.
DFSK EC35: With a range of 331 km, it’s perfect for businesses covering longer routes or more ground in a day.
Golden Dragon XML5036: Although built for heavy-duty operations, its 250 km range suits businesses that require high cargo capacity over shorter distances.
The trend in Singapore leans towards vehicles with ranges between 250–350 km for maximum flexibility, particularly given the increasing availability of charging stations across the island.
How Quickly Can You Recharge the Battery?
Nobody wants downtime. Efficient charging times are essential for maintaining productivity. Look for EVs with both AC and DC fast charging options to reduce turnaround time.
Fast Charging Champions:
DFSK EC35: Charges to 100% in just 1 hour with DC fast charging.
BYD T3: Fully charges in 1.3 hours on DC.
Fast charging isn’t just convenient; it’s crucial in a fast-paced market like Singapore. With government incentives for EV infrastructure, the charging network is rapidly expanding, making fast-charging EV for lease more appealing.
What Cargo Space and Payload Do You Need?
Your business type determines how much space and weight your EV should handle. Consider both the cargo volume and maximum payload when selecting your lease.
Light-to-Medium Deliveries:
BYD T3: 3800 L cargo volume, 780 kg payload. Ideal for SMEs or businesses with smaller deliveries.
Heavier Loads:
Golden Dragon XML5036: 6500 L cargo volume, 1730 kg payload. Perfect for large-scale logistics.
Singaporean businesses often balance space efficiency with vehicle size to navigate urban areas without sacrificing capacity.
How Does Vehicle Size Affect Your Choice?
Singapore’s compact streets demand vehicles that are agile yet functional. Smaller EVs may fit tighter spaces but compromise on cargo, while larger options excel in suburban or industrial areas.
For Urban Areas:
DFSK EC31: Compact yet powerful, it’s perfect for navigating tight spaces with a significant 1280 kg payload.
For Suburban Routes:
SRM T3: A balanced option offering extended range and a payload capacity of 1625 kg.
Choose a vehicle that matches your operational zones. For example, a florist delivering within the city centre might favour the DFSK EC31, while a warehouse distributor might prefer the Golden Dragon XML5036.
Is Cost-Effectiveness Achievable with EV Leasing?
Leasing an EV can reduce your overhead significantly. Key advantages include:
Lower Maintenance Costs: EVs have fewer moving parts than traditional vehicles, meaning fewer breakdowns and repair expenses.
Energy Savings: Charging an EV costs less than fuelling a petrol vehicle, especially with Singapore's EV incentives.
Predictable Leasing Plans: Leasing gives you fixed monthly expenses, avoiding the large upfront cost of purchasing an EV.
For businesses, EV leasing aligns with Singapore’s push towards sustainability, helping you cut costs while meeting eco-friendly goals.
Why Choose EVFY for Your EV Leasing Needs?
If you’re ready to explore EV leasing, consider EVFY—a 100% electric fleet delivery service and leasing solution provider. EVFY offers a range of options, including the latest electric vans and trucks tailored to your business needs.
With EVFY, you’ll enjoy:
Zero-emission vehicles for a sustainable future.
Customised leasing plans for small and large businesses.
Eco-efficient delivery routes optimised for cost savings.
Take the next step towards greener, more efficient operations. Contact EVFY today to explore your EV leasing options and drive your business into a sustainable future!