Running the Math: Cost to Drive 15,000 km/Year
The average private car in Singapore clocks roughly 15,000 km annually.
1. Pure Petrol: Corolla Altis 1.8A
- Fuel Needed: 15,000 km×(100 km7.5 L)=1,125 Liters
- Annual Cost: 1,125 L×$2.90=$3,262.50
2. Full Hybrid: Corolla Altis Hybrid
- Fuel Needed: 15,000 km×(100 km4.5 L)=675 Liters
- Annual Cost: 675 L×$2.90=$1,957.50
3. Electric Vehicle (EV): Public Charging Only (HDB/Malls)
- Energy Needed: 15,000 km×(100 km16 kWh)=2,400 kWh
- Annual Cost: 2,400 kWh×$0.65=$1,560.00
4. Electric Vehicle (EV): Home Charging Only (Landed/Condo)
- Energy Needed: 2,400 kWh
- Annual Cost: 2,400 kWh×$0.324=$777.60
If live in landed EV is very cheap it is of no contest, however if use public charging only save alittle. Can also go JB pump even cheaper oil with no range anxiety.
However take note that new hybrid’s parf will be reduce significantly to only 5% instead of usual 50% at the end of 10 years so economical wise can only get those used vehicle before 2026. Otherwise an EV makes more sense.