Singapore’s Penalty for Electric Cars - Page 3

**marshy** · 08-03-2016, 12:48 AM

SINGAPORE - The boss of US electric car maker*Tesla Motors,*Mr Elon Musk,*has contacted Prime Minister Lee Hsien Loong over the case of a Tesla sedan that was taxed with a carbon surcharge in Singapore.

He did so just hours after news broke of a Model S owner-importer having to fork out an additional $15,000 in taxes, based on its performance in a carbon emissions test. In several countries, the car qualifies for tax breaks.

In a tweet last Friday evening, Mr Musk said he had spoken to PM Lee, and "he said he would investigate the situation".

A spokesman from the Prime Minister's Office confirmed on Monday the conversation took place, and said various agencies were looking into it.

She said it was too early to say how things would pan out.

During his trip to the US early last month, PM Lee met leading tech honchos, including Mr Musk.

He wrote in a Facebook post: "We talked about new technologies and global trends, and Singapore's Smart Nation ideas. Elon Musk gave me a brief but exhilarating ride in the Tesla Model S P90D."

The P90D is a high-performance variant of the electric Model S, and is similar to the car that the LTA imposed a $15,000 surcharge on, the first electric car here to be given such a surcharge.

Various other electric or part-electric cars here are accorded tax rebates of up to $30,000.

Several countries also consider the Tesla Model S as environmentally-friendly, and grant its buyers various forms of tax breaks.

The owner of the Singapore car, Joe Nguyen, had posted online about the carbon surcharge, as well as the length of time (some seven months) it took for the vehicle to be approved and registered.

Mr Nguyen, 44, a senior vice-president with an Internet research firm, said it was " awesome" that Mr Musk had contacted PM Lee.

"I guess he met the prime minister a couple of weeks ago," he said. "Hopefully, something good comes out of it."

Member of Parliament Ong Teng Koon, who made a case for electric vehicles in Parliament in January, said given the need to reduce carbon emissions, Singapore should put greater focus on electric vehicles, since these vehicles typically have lower CO2 emissions (measured at the power station) than their conventional counterparts.

"From the government's perspective, this is a rare carbon emissions reduction policy where the abatement cost would be voluntarily borne by consumers... rather than being paid for by the government."

The LTA and Transport Ministry were not available for comment.

richardg · 08-03-2016, 07:51 AM

what does below mean ar?
==
"From the government's perspective, this is a rare carbon emissions reduction policy where the abatement cost would be voluntarily borne by consumers... rather than being paid for by the government."
==

amkbettafan · 08-03-2016, 09:10 AM

Singapore is sorely lack behind when comes to electrifying our vehicles on the road.

Some countries like Norway are pushing hard to be greenest of the greenest. Read at one time, they can trade in petrol cars for EV and walk out of showroom with paying very little or nothing at all.

Think we Singaporean die die cannot be happy car owners unless you filthy rich.

What is $15k when car is $400k? and getting Musk to chit chat with PM Lee, that $15k is priceless

globalcookie · 08-03-2016, 10:17 AM

Just because of ONE INDIVIDUAL the boss of a large company had to call PM. What a joke. If SG bends and give in to him, what does this imply? LTA already clarified and now if they make a u-turn, I'll trust this gov no more.

This fella is a what? Senior VP. Is he really so green??? Unless we know his lifestyle, it is for him to claim.

If I got so much money, I too will want an unique car that nobody else owns. SPG n bimbo magnet! They throw themselves at him like a flock of birds.

richardg · 08-03-2016, 10:22 AM

New taxes threaten Tesla sales in key European markets
by Alanna Petroff @AlannaPetroff
December 16, 2015: 7:31 AM ET

Scandinavians love Teslas and other electric cars, but major tax hikes could soon sour the relationship.

New taxes are about to make electric cars very expensive in Denmark, and Norway is considering a similar policy move that could put a big dent in sales of electric Tesla (TSLA), Nissan (NSANY) and BMW (BAMXY) vehicles.

Together the countries account for about 10% of Tesla's global car sales.
On January 1, Denmark will make the first move by phasing in sky-high registration taxes on zero-emissions vehicles. Once the tax hikes are complete in five years, the cost of a Tesla Model S will jump to about $280,000 from around $100,000 today.

The tax increases would eventually eliminate the price advantage electric cars have had over fuel-powered cars.

This tax is bad news for Tesla -- the Model S is the most popular electric car in Denmark. The automaker sold 849 vehicles to Danish customers in the first nine months of the year, according to market intelligence firm LMC Automotive.

But things could get even worse.
An expert panel of Norwegian economists and legal professionals called last week for the government to phase in new taxes on electric and hybrid vehicles.

"This preferential treatment of electric cars is heavily debated. There isn't any universal agreement that the system should be as generous as it is today," said Lars-Erik Borge, the lead economist behind the new tax policy recommendations.

Tesla has sold over 3,600 cars in Norway so far this year -- a big chunk of the 50,000 vehicles the company expects to sell globally in 2015. And it has acknowledged the risk of losing generous tax breaks in the country.

"If such government programs are reduced or eliminated, or the available benefits thereunder are exhausted earlier than anticipated, sales of all electric vehicles, including our Model S, could be adversely affected," Tesla said in its most recent annual report.

But a Tesla spokesperson said any tax changes would not deter the company from its "mission to put more electric cars on the road."

The Norwegian government is considering the panel's tax recommendations and is expected to decide whether to accept them in October 2016.

Experts think a change in the tax rules is bound to happen sooner or later.
"I think [Norway] will eventually follow the Denmark model," said Al Bedwell, a director at LMC Automotive in the U.K. "They're losing huge amounts of revenue."

Still, Tesla competitor Nissan seemed unconcerned about the upcoming tax hikes in Denmark.

"We don't feel there will be a sizeable impact [on] a pan-European basis," said Gareth Dunsmore, director of Nissan's electric vehicle business in Europe.

"We'll continue to push forward regardless of what individual governments are doing," he said.

Thankfully for Tesla, Nissan and their rivals, other countries across Europe and North America continue to offer electric car incentives, though they're less generous than the current Norwegian system.

Many European countries grant customers a discount of 5,000 euros ($5,500) for each electric car as they try to encourage them to drive cleaner vehicles.
CNNMoney (London)

First published December 16, 2015: 5:54 AM ET

xersion · 08-03-2016, 12:14 PM

Quote:

Originally Posted by globalcookie

Just because of ONE INDIVIDUAL the boss of a large company had to call PM. What a joke. If SG bends and give in to him, what does this imply? LTA already clarified and now if they make a u-turn, I'll trust this gov no more.

This fella is a what? Senior VP. Is he really so green??? Unless we know his lifestyle, it is for him to claim.

If I got so much money, I too will want an unique car that nobody else owns. SPG n bimbo magnet! They throw themselves at him like a flock of birds.

i think it's not because of the 15k... it's because of the difference in co2 test results

Auratus · 08-03-2016, 03:12 PM

Quote:

The Tesla Saga: LTA’s Side And Elon Musk Responds – ‘PM Lee Would Investigate’

Vulcan Post
Priscilla Tan
Vulcan Post
March 7, 2016

"All hope’s not lost
Tesla is akin to the most popular clique in school. We want to squeeze in and be part of the exclusive gang, but we know it’s a silly wish and that it’s not going to happen anyway. Ever since the American automobile company closed its operations in Singapore, local car aficionados have been feeling left out. The obstacles Ngyuen went through is unbelievable, to say the least.
But now that Musk and our Prime Minister are joining forces to get to the bottom of it, there is a chance of a favourable outcome. The odds aren’t looking good. They aren’t looking bad, either. Hopefully with these big kahunas, there will be beneficial changes to the current framework."

Temasek going in? If so, Tesla will be readily on our road, LTA no issue liao.
Hosay liao!

globalcookie · 08-03-2016, 05:50 PM

Quote:

Originally Posted by tangmulong4488

"This is apparently because VICOM measured the efficiency of the car at 444 Wh/km, whereas the US EPA officially rated it at 237.5Wh/km."

Petrol also.. manufacturer claimed consumption 6l/100km, but in real world, 11l/100km.

Quote:

Originally Posted by xersion

i think it's not because of the 15k... it's because of the difference in co2 test results

Like what 4488 said above, manufacturer's claims and reality usually not the same one leh...

Your own car for example, what's on paper and what you getting?

amkbettafan · 08-03-2016, 11:16 PM

Musk and PM Lee probably discussing putting a Singaporean on Space-X rocket once its ready for passengers

mictok · 11-03-2016, 10:07 AM

This guy jump the gun to bring it in so fast, Telsa havnt knock on garment door yet sure like that.

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08-03-2016, 12:48 AM	#21
marshy Senior Moderator Join Date: Jul 2002 Posts: 5,712	SINGAPORE - The boss of US electric car makerTesla Motors,Mr Elon Musk,*has contacted Prime Minister Lee Hsien Loong over the case of a Tesla sedan that was taxed with a carbon surcharge in Singapore. He did so just hours after news broke of a Model S owner-importer having to fork out an additional $15,000 in taxes, based on its performance in a carbon emissions test. In several countries, the car qualifies for tax breaks. In a tweet last Friday evening, Mr Musk said he had spoken to PM Lee, and "he said he would investigate the situation". A spokesman from the Prime Minister's Office confirmed on Monday the conversation took place, and said various agencies were looking into it. She said it was too early to say how things would pan out. During his trip to the US early last month, PM Lee met leading tech honchos, including Mr Musk. He wrote in a Facebook post: "We talked about new technologies and global trends, and Singapore's Smart Nation ideas. Elon Musk gave me a brief but exhilarating ride in the Tesla Model S P90D." The P90D is a high-performance variant of the electric Model S, and is similar to the car that the LTA imposed a $15,000 surcharge on, the first electric car here to be given such a surcharge. Various other electric or part-electric cars here are accorded tax rebates of up to $30,000. Several countries also consider the Tesla Model S as environmentally-friendly, and grant its buyers various forms of tax breaks. The owner of the Singapore car, Joe Nguyen, had posted online about the carbon surcharge, as well as the length of time (some seven months) it took for the vehicle to be approved and registered. Mr Nguyen, 44, a senior vice-president with an Internet research firm, said it was " awesome" that Mr Musk had contacted PM Lee. "I guess he met the prime minister a couple of weeks ago," he said. "Hopefully, something good comes out of it." Member of Parliament Ong Teng Koon, who made a case for electric vehicles in Parliament in January, said given the need to reduce carbon emissions, Singapore should put greater focus on electric vehicles, since these vehicles typically have lower CO2 emissions (measured at the power station) than their conventional counterparts. "From the government's perspective, this is a rare carbon emissions reduction policy where the abatement cost would be voluntarily borne by consumers... rather than being paid for by the government." The LTA and Transport Ministry were not available for comment.

08-03-2016, 07:51 AM	#22
richardg Arofanatic Join Date: Oct 2005 Posts: 120	what does below mean ar? == "From the government's perspective, this is a rare carbon emissions reduction policy where the abatement cost would be voluntarily borne by consumers... rather than being paid for by the government." ==

08-03-2016, 09:10 AM	#23
amkbettafan Dragon Join Date: Feb 2012 Posts: 871	Singapore is sorely lack behind when comes to electrifying our vehicles on the road. Some countries like Norway are pushing hard to be greenest of the greenest. Read at one time, they can trade in petrol cars for EV and walk out of showroom with paying very little or nothing at all. Think we Singaporean die die cannot be happy car owners unless you filthy rich. What is $15k when car is $400k? and getting Musk to chit chat with PM Lee, that $15k is priceless

08-03-2016, 10:17 AM	#24
globalcookie Dragon Join Date: Nov 2007 Posts: 1,446	Just because of ONE INDIVIDUAL the boss of a large company had to call PM. What a joke. If SG bends and give in to him, what does this imply? LTA already clarified and now if they make a u-turn, I'll trust this gov no more. This fella is a what? Senior VP. Is he really so green??? Unless we know his lifestyle, it is for him to claim. If I got so much money, I too will want an unique car that nobody else owns. SPG n bimbo magnet! They throw themselves at him like a flock of birds.

08-03-2016, 10:22 AM	#25
richardg Arofanatic Join Date: Oct 2005 Posts: 120	New taxes threaten Tesla sales in key European markets by Alanna Petroff @AlannaPetroff December 16, 2015: 7:31 AM ET Scandinavians love Teslas and other electric cars, but major tax hikes could soon sour the relationship. New taxes are about to make electric cars very expensive in Denmark, and Norway is considering a similar policy move that could put a big dent in sales of electric Tesla (TSLA), Nissan (NSANY) and BMW (BAMXY) vehicles. Together the countries account for about 10% of Tesla's global car sales. On January 1, Denmark will make the first move by phasing in sky-high registration taxes on zero-emissions vehicles. Once the tax hikes are complete in five years, the cost of a Tesla Model S will jump to about $280,000 from around $100,000 today. The tax increases would eventually eliminate the price advantage electric cars have had over fuel-powered cars. This tax is bad news for Tesla -- the Model S is the most popular electric car in Denmark. The automaker sold 849 vehicles to Danish customers in the first nine months of the year, according to market intelligence firm LMC Automotive. But things could get even worse. An expert panel of Norwegian economists and legal professionals called last week for the government to phase in new taxes on electric and hybrid vehicles. "This preferential treatment of electric cars is heavily debated. There isn't any universal agreement that the system should be as generous as it is today," said Lars-Erik Borge, the lead economist behind the new tax policy recommendations. Tesla has sold over 3,600 cars in Norway so far this year -- a big chunk of the 50,000 vehicles the company expects to sell globally in 2015. And it has acknowledged the risk of losing generous tax breaks in the country. "If such government programs are reduced or eliminated, or the available benefits thereunder are exhausted earlier than anticipated, sales of all electric vehicles, including our Model S, could be adversely affected," Tesla said in its most recent annual report. But a Tesla spokesperson said any tax changes would not deter the company from its "mission to put more electric cars on the road." The Norwegian government is considering the panel's tax recommendations and is expected to decide whether to accept them in October 2016. Experts think a change in the tax rules is bound to happen sooner or later. "I think [Norway] will eventually follow the Denmark model," said Al Bedwell, a director at LMC Automotive in the U.K. "They're losing huge amounts of revenue." Still, Tesla competitor Nissan seemed unconcerned about the upcoming tax hikes in Denmark. "We don't feel there will be a sizeable impact [on] a pan-European basis," said Gareth Dunsmore, director of Nissan's electric vehicle business in Europe. "We'll continue to push forward regardless of what individual governments are doing," he said. Thankfully for Tesla, Nissan and their rivals, other countries across Europe and North America continue to offer electric car incentives, though they're less generous than the current Norwegian system. Many European countries grant customers a discount of 5,000 euros ($5,500) for each electric car as they try to encourage them to drive cleaner vehicles. CNNMoney (London) First published December 16, 2015: 5:54 AM ET

08-03-2016, 11:16 PM	#29
amkbettafan Dragon Join Date: Feb 2012 Posts: 871	Musk and PM Lee probably discussing putting a Singaporean on Space-X rocket once its ready for passengers

11-03-2016, 10:07 AM	#30
mictok Dragon Join Date: Aug 2006 Posts: 1,590	This guy jump the gun to bring it in so fast, Telsa havnt knock on garment door yet sure like that.

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