In Q4 of 2023, BYD overtook Tesla, becoming the world’s top electric vehicle manufacturer by 45,000 vehicles.
BYD has also overtaken Tesla in electric vehicle sales in Q1 of 2023. What may come as a surprise to most people is that BYD has already been in Singapore for a decade. Recent government subsidies and increasing charging infrastructure has also led to greater adoption of electric vehicles.
With a lineup of 4 models comprising of a MPV, SUV, sedan and hatchback, BYD cars are becoming more commonplace on our roads. This could be due to the low-cost nature of the cars, as compared to other options in the market. As such, here is how much one can expect to pay for a BYD in Singapore.
Read Also: Electric Cars You Can Buy In Singapore (That Are Cheaper Than The Tesla Model 3)
Pricing Packages
The price of the cars depends on the packages chosen. The Base and Savers packages are cheaper, but they do not guarantee COE, which may mean a longer wait for your car. The $16,350 deposit is only refundable after 6 unsuccessful bids for the Base package, and 8 unsuccessful bids for Savers package. The Excite package guarantees COE within 6 bids.
Buyers will get a rebate if the COE is below the stipulated sum for each of the following packages:
Savers Package
Base Package
Excite Package
Cat A
$70,000
$80,000
$89,000
Cat B
$70,000
$80,000
$90,000
Cat E
No Rebate
No Rebate
No Rebate
BYD Atto 3
Source: BYD
The midsized SUV comes in 2 models to qualify for different COE categories with the extended range being for category A and the normal ATTO 3 for category B.
For both models, customers can select the $4,000 CarbonEdge option for which the car has a blackened front grille-bar, window-surround trims, roof and rear spoiler. In the interior there will be black seats with red stitching on them along with a front boot or trunk.
BYD ATTO 3 Extended Range
BYD ATTO 3
Range
420km
420km
kWh/100km
16 kWh/100km
14.93 kWh/100km
0 – 100km/h
10.1 Seconds
7.3 Seconds
Savers Package
Non-Guaranteed COE
$180,888
$197,888
Base Package
Non-Guaranteed COE
$190,888
$207,888
Excite Package
Guaranteed COE
$197,888
$214,888
BYD Seal
Source: BYD
The BYD Seal is a sedan with 3 different variants, all of which are classified under Category B for COE. Each of the 3 models have different range and engine performance, which results in a different price for each model.
Dynamic
(61.4 kWh)
Premium
(82.6 kWh)
Performance
(82.6 kWh)
Range
460km
570km
520km
kWh/100km
15.38 kWh/100km
16.67 kWh/100km
18.18 kWh/100km
0 – 100km/h
7.5 Seconds
5.9 Seconds
3.8 Seconds
Savers Package
Non-Guaranteed COE
$211,888
$210,888
$242,888
Base Package
Non-Guaranteed COE
$221,888
$220,888
$252,888
Excite Package
Guaranteed COE
$231,888
$230,888
$262,888
BYD E6 And E6 Advance Edition
Source: BYD
Featuring a range of 522km on a full charge, this MPV is able to get a full charge in 1 hour and 30 minutes. There are 2 variants for this model and both fall under category A COE.
Standard
ADVANCE Edition
0-100km/h
8s
15.5s
Battery Capacity
80kWh
71.7kWh
Range
400km
522km
kWh/100km
17.1kWh/100km
17.1kWh/100km
Savers Package
Non-Guaranteed COE
$164,888
$168,888
Base Package
Non-Guaranteed COE
$174,888
$178,888
Excite Package
Guaranteed COE
$184,888
$188,888
BYD Dolphin
Source: BYD
The BYD Dolphin is a hatchback that is the most affordable out of all the other BYD vehicles. Being categorised in A1 under the Vehicular Emissions Scheme (VES) also means a $25,000 rebate, further lowering the cost of this vehicle.
Dynamic
Range
340km
kWh/100km
15.15
0 – 100km/h
12.3 Seconds
Savers Package
Non-Guaranteed COE
$164,888
Base Package
Non-Guaranteed COE
$174,888
Excite Package
Guaranteed COE
$184,888
Read Also: How Much Will It Cost To Buy And Own The Tesla Model 3 In Singapore?
Rebates
Rebates differ for electric vehicles as compared to normal cars. For example, the EV Early Adoption Incentive (EEAI) awards a 45% rebate off the additional registration fee, capped at $15,000.
Rebate
Details
Amount
EV Early Adoption Incentive
45% rebate off Additional Registration Fee (ARF), capped at $15,000
Up to $15,000
Enhances Vehicular Emissions Scheme
Depending on VES banding
$25,000 (A1)
$5,000 (A2)
Competitive Pricing Compared To Other EV Manufacturers
BYD offers relatively competitive pricing for their models, considering the features included with the car. For example, comparing the category A Atto 3 Extended Range to the Hyundai Kona, MG ZS and the Kia Niro, the range is significantly higher.
(Category A)
Range
kWh/100km
Price
ATTO 3 Extended Range
565km
16 kWh/100km
$180,888
MG ZS
320km
17.54 kWh/100km
$164,888
Kia Niro
460km
16.2 kWh/100km
$197,999
Hyundai Kona Standard Range
456km
12.1 kWh/100km
$219,888
For the category B COE, BYD has the Seal Performance to offer. Its competitors include the Tesla Model 3 Performance and Mercedes-Benz EQE, both of which are under Category B and have the VES A1 rebate of $25,000.
(Category B)
Range
kWh/100km
Price
BYD Seal Performance
520km
18.18 kWh/100km
$242,888
Tesla Model 3 Performance Dual Motor
528km
14.2 kWh/100km
$250,831
Mercedes-Benz EQE
669km
20.8 kWh/100km
$381,888
Additional Costs
With an electric car, the main bulk of costs will be for charging the vehicle. All BYD models are compatible with both AC/DC charging, allowing for both home and charging points to be used.
One-way owners can cut costs is to install a home charger and connect to a solar panel grid, effectively reducing driving costs. Additional unused energy can be sold back to the grid, further reducing costs.
Maintenance is another big cost for electric cars due to natural battery degradation. Although less parts are involved as compared to an internal combustion car, the costs for replacing parts such as the electric motor and battery are higher.
Taxes such as road tax and COE also differs depending on the power output and capacity of the car battery.
COE Category
Limit
Category A
Under or equivalent to 110kW
Category B
Above 110 kW
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