Electric vehicles (EVs) are revolutionising the way businesses operate in Singapore. Whether you're running a delivery service or need a green solution for logistics, EVs offer a sustainable, cost-efficient alternative to traditional vehicles. But here’s a question many ask: How short can you lease an EV in Singapore? The answer could redefine how you manage your fleet.
How Flexible Are EV Leases in Singapore?
If you’re searching for “EV leasing Singapore,” you’ve probably seen options ranging from one month to several years. But what’s ideal for your business? Short-term leasing is gaining traction among companies looking for flexibility. For instance, with minimum lease periods as short as one month, businesses can test the waters before committing to long-term agreements.
This model benefits seasonal businesses, startups, or even those trialling EV adoption without a hefty upfront cost. Plus, with companies like Evfy, the leasing process has never been easier or more accessible.
Common Lease Periods Available:
Short-term leases: 1–12 months. Perfect for businesses needing flexibility.
Mid-term leases: 1–3 years. Ideal for established operations looking for stability.
Long-term leases: 3–5 years or more. Designed for businesses committed to full-scale EV integration.
Which EV Models Can You Lease?
Not all EVs are created equal. The right choice depends on your operational needs. Here are some standout options available for lease in Singapore, tailored for various industries:
1. BYD T3
Range: Up to 300 km
Cargo Volume: 3,800 L
Charge Time: 1.3 hours (DC)
Why choose it? It’s compact, fast-charging, and delivers excellent mileage for urban deliveries.
2. DFSK EC35
Range: Up to 331 km
Cargo Volume: 4,800 L
Charge Time: 1 hour (DC)
Great for businesses needing more space and longer ranges.
3. Golden Dragon XML5036
Range: Up to 250 km
Cargo Volume: 6,500 L
Charge Time: 1.3 hours (DC)
The heavyweight champion for large-scale operations.
4. DFSK EC31
Range: Up to 280 km
Cargo Volume: 3,500 L
Charge Time: 1 hour (DC)
An excellent choice for navigating tight urban streets with a substantial payload.
5. SRM T3
Range: Up to 300 km
Cargo Volume: 3,500 L
Charge Time: 1.3 hours (DC)
Designed for efficiency and durability, it’s perfect for heavy-duty transport.
Are EV Leases Worth the Cost?
Yes—and here’s why. EVs reduce operational costs in the long run. With rising petrol prices and Singapore’s strong push for green mobility, the savings on fuel and maintenance alone can make leasing an EV a no-brainer.
Here’s a quick comparison:
FeatureElectric Vehicles (Leased)Petrol Vehicles (Owned)Upfront CostLow (deposit only)High (full purchase price)Monthly Operating CostLower (electricity is cheaper)Higher (petrol prices fluctuate)MaintenanceOften included in leaseFully on youFlexibilityHigh (change vehicles easily)Low (resale hassle)
What’s New in EV Leasing in Singapore?
Singapore is ramping up its EV infrastructure with more charging points and incentives. Recent updates include faster public charging stations and government subsidies for green vehicles. Companies like Evfy are stepping in to make EV leasing Singapore a seamless experience, offering services like:
Comprehensive insurance coverage.
Access to 24/7 roadside assistance.
Charging point installation for business premises.
Decarbonise Your Fleet with Evfy
Thinking of joining the EV revolution? Evfy is your go-to partner. With flexible lease periods, competitive rates, and a variety of EV models tailored for businesses, we make transitioning to electric a breeze. Whether you need a compact van like the BYD T3 or a heavy-duty model like the Golden Dragon XML5036, Evfy has you covered.
Why Choose Evfy for EV Leasing Singapore?
Flexibility: From one-month leases to long-term contracts, there’s something for every need.
Variety: Access a wide range of EVs, including those perfect for urban deliveries or large-scale logistics.
Support: Enjoy peace of mind with full maintenance and 24/7 assistance included.
Ready to Electrify Your Business?
Decarbonise your logistics and unlock efficiency with EVFY. Contact us today to explore the perfect EV leasing solution for your business. Make the shift to sustainable transport without breaking the bank. Let’s drive into the future, together.
With Singapore’s push for sustainability and the growing trend of EV leasing, there’s never been a better time to go green. So, why wait?