Insights on Electric Vehicles

Electric vehicles (EVs) are gaining popularity rapidly…

… as more and more people become aware of their benefits. EVs do not produce any greenhouse gas emissions, helping to improve air quality and reduce pollution. EVs are also more efficient than petrol-powered vehicles, meaning that they can travel further on a single charge.

Despite these advantages, there are still some challenges to address before EVs can become mainstream. First, is the limited distance some EVs can travel before running out of battery . The good news? Battery technology is improving rapidly and the range of EVs is expected to increase significantly in coming years.

  1. Multiple Charging Points

    • Currently in Singapore, the number of EV charging stations is increasing, however these are not all under the same provider. This means EV owners have to install multiple apps to use these different charging stations.

      • Solution: Engage an organisation that specialises in centralising the different EV charging-station providers under one network, for easy all-in-one charging .

    • Although the number of charging stations in Singapore is growing, some housing estates have not installed stations yet. This is inconvenient for EV owners, who may have to charge their cars elsewhere before driving back home.

      • Solution: Provide online help so drivers can find the nearest charging station until more charging stations are installed.

  2. Two Types of Charging

    • There are two types of charging: AC and DC, with DC being the quicker charging option. DC charging is not widely available and some locations only have an AC option. This increases drivers’ wait time for a full charge.

      • Solution: Help charging station providers source charging points with a DC-charging option.

  3. Charging the Car While “Charging” Your Belly

    • Drivers usually prefer to charge their cars at points with dining options nearby, so they can “refuel” at the same time as their car batteries are charging.

      • Solution: Provide areas that include charging points, eateries and a resting point for drivers.

  4. Under-developed Infrastructure

    • o   Car Leasing companies are not planning to invest heavily in EVs yet, due to lack of demand and concerns about a lack of infrastructure.

      • Solution:

        • Standardise charging points in Singapore.

        • Improve charging infrastructure in neighbouring countries. Malaysia, for example, has very little EV charging infrastructure, making it tough for EV owners in Singapore when they decide to drive into Malaysia.

  5. EVs are Way Too Pricey

    • Consumers find EVs expensive, and aren’t many brands on the market. This is because few car brands have expanded into the EV market in Singapore.

      • Solution:

        • The Singapore government has introduced various initiatives to promote the purchase of EVs, such as incentives for charging. EVs are part of the push for a greener society.

        • The operating costs for hybrid cars are not much different to those of electric cars. The cost of petrol is also not much less than charging costs. This lack of difference can deter potential EV buyers. 

        • The government needs to introduce further rebates in this area.

  6. High COE Prices Make EVs Even More Expensive

    • In Singapore, the high cost of a COE (Certificate of Entitlement) discourages people from buying a brand new vehicle.

      • Solution: This is an issue that the Singapore government has to address.

  7. Charging Time Requires A Certain Amount of Patience

    • Saving time is crucial for drivers of private-hire vehicles. Drivers tend to prefer hybrid cars over EVs because they don’t have to wait for their cars to recharge.

      • Solution:  We need to educate drivers about  DC charging. It may not be as efficient as petrol refuelling, but it is still relatively fast.

Cedric Yong

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