How Will Familee Squeeze $$$ from Sporns Buying Electric Cars?

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Electric cars to cruise on S'pore roads
</TR><!-- headline one : end --><TR>Govt to test the green vehicles which are set to arrive by early next year </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Christopher Tan, Senior Correspondent
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Electric cars like Acceleron's Toyota Echo (left) and the Nissan concept EV (next picture) can be recharged via a household electric socket. -- PHOTOS: ACCELERON EDS, ASSOCIATED PRESS
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->MOTORISTS could start breaking free of the tyranny of the pump as soon as early next year, when the first all-electric cars are set to arrive.
The Straits Times understands the Government will launch a new initiative soon to test these high-tech, environmentally-sound vehicles to see how they perform under local conditions.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>Electric vehicles yet to win hearts

SALES of the first commercially available electric vehicle here have not been exactly electrifying.

The E-Max scooter was approved by the Land Transport Authority last month. But so far, only one has been registered although distributor Zeco says it has received 10 orders.

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</TD></TR></TBODY></TABLE>The first all-electric cars are expected to be brought in by Acceleron EDS, a Sydney-based manufacturer of electric vehicles that is majority owned by Singapore brothers Irving and Ivan Yuen.
It will be followed by major manufacturers, starting with Nissan, Renault and Volkswagen.
Owners of all-electric cars will not need to visit petrol stations - the cars are fully battery-powered and are recharged via a normal household electric socket.
The cars will produce no tailpipe emissions, offer near silent operation and will be far cheaper to maintain than conventional cars: Power is cheaper than petrol, and there is no need to replace engine oil, spark plugs or filters, for instance.
A Toyota Corolla-sized electric car will cost around five cents per km to run based on today's electricity tariff - one-third that of an equivalent petrol car.
The downside is electric cars will cost more upfront: Acceleron expects its cars to retail at $20,000 to $25,000 more than a petrol model of the same size.
This is after the current green vehicle rebate, which grants a 40 per cent reduction on the additional registration fee, the main car tax.
Nissan, Renault and Volkswagen do not have price details.
But the Japanese company indicated that its electric car would cost 'at least 1.5 times' as much as a conventional model. As a result, the company is hoping to get a leg-up via bigger tax breaks. It has been in talks with various government agencies on this, sources said.
Renault and Nissan, for example, have already secured governmental support in various countries, including Ireland, Monaco and China.
Singapore's Economic Development Board, which has been trying to encourage the use of electric vehicles here because they could form the basis of a new high-tech industry, is expected to help defray the cost of the initial batch of 'test-bed' cars.
The EDB may place these cars under its Transport Technology Innovation and Development Scheme, which would exempt them from car taxes. It is unclear whether more grants would be given to cars that arrive at showrooms.
The board would only say it 'has been working with partner agencies to develop Singapore as a 'living laboratory' to develop, test, and implement innnovative solutions here for global markets'.
Acceleron's Mr Irving Yuen is all ears. The brothers, he said, chose to set up operations in Australia because 'it has a 20-year history in electric vehicles and it has automotive engineers with extensive knowledge on electric vehicles'.
But if given a boost by the Government, it is willing to set up operations in Singapore and use it as a springboard to enter other markets in the region.
Acceleron does not make its cars from scratch. Rather, it takes a conventional car and replaces its internal combustion system with an electric drive one.
This, explained Mr Yuen, is faster and cheaper than designing and making a car from scratch. It also allows customers a wide choice of models.
The race to get alternative fuel vehicles on roads throughout the world is heating up. Among the early leaders are small companies like Tesla, whose all-electric Roadster is already on American roads. Chevrolet's Volt will hit US showrooms next year.
The latest incarnation of Toyota's hybrid Prius is also due out in Singapore later this year. [email protected]

 

[ccchia]

The Sinkie gahmen will not whole-heartedly welcome electric cars and CNG cars in Sinkapore, because they will lose lots of revenue from the drop in sales of petrol from their monopoly in SPC.

Does everyone know that all the petrol companies in Sinkapore actually buy their supplies from SPC which is the "wholesaler". After that, the different companies then put in their on additives before selling the petrol to Sinkie peasants. But then, is it any surprise then that petrol prices are more or less the same everywhere in the island at any one time?

Also, it is illegal for anyone or any company to import cheaper petrol from outside sources for sale to Sinkapore motorists, for obvious reasons.

 

[TheBonerman]

They can mark duty paid cigarettes, wait for them to find a way to mark electricity, they will push for electric bikes.

By the way, the top speed of the recently approved electric bike is 50 km per hour. Wait for the first reported death of a rider of these bikes!

 

[Watchman]

The Sinkie gahmen will not whole-heartedly welcome electric cars and CNG cars in Sinkapore, because they will lose lots of revenue from the drop in sales of petrol from their monopoly in SPC.

Not only that they will make your life and road there difficult !

 

[tonychat]

The Sinkie gahmen will not whole-heartedly welcome electric cars and CNG cars in Sinkapore, because they will lose lots of revenue from the drop in sales of petrol from their monopoly in SPC.

Does everyone know that all the petrol companies in Sinkapore actually buy their supplies from SPC which is the "wholesaler". After that, the different companies then put in their on additives before selling the petrol to Sinkie peasants. But then, is it any surprise then that petrol prices are more or less the same everywhere in the island at any one time?

Also, it is illegal for anyone or any company to import cheaper petrol from outside sources for sale to Sinkapore motorists, for obvious reasons.

You are very sharp in your observation. Well done!!! I hope more people are like you.

 

[Mighty Megatron]

Heeheehee Electric bill will tell it all. If they were serious about going green they would have done so long ago. The current lame ducks lack imagination and vision to push for anything decent.

 

[johnny333]

The Sinkie gahmen will not whole-heartedly welcome electric cars and CNG cars in Sinkapore, ......

Thats the problem with Spore Inc vs having a REAL gov't. A gov't looks at whats good for the nation & population . Whereas Spore Inc is just another family run corporation with a monopoly

 

[TeeKee]

BYD F3DM: First Mass-Production Plug-in Hybrid
Posted 2/13/2009 10:42 AM

While still better known as the world's largest manufacturer of batteries for cell phones and laptops, China's BYD Co. has just launched the world's first mass-produced plug-in electric vehicle. Based on the company's fairly conventional F3 sedan, this four-door dubbed F3DM (for Dual Mode) will go on sale in China next year for about $22,000, and may make its way to Europe and North America by 2011. Unlike other electric vehicles, the F3DM uses a battery based on lithium iron phosphate (LiFePO4) chemistry developed by BYD. This power cell has a projected lifespan of over 370,000 miles or 10 years, can withstand 4,000 recharge cycles and will allow the F3DM to run up to 62 miles on pure electric power before a small gas engine kicks in to extend the total range closer to 270 miles. Fully replenishing it takes about seven hours using a normal electrical outlet, but BYD says a 50 percent quick charge can be done in roughly 10 minutes.

 

[Watchman]

You are very sharp in your observation. Well done!!! I hope more people are like you.

They will allow electric cars right after they implement higher electric bills and taxes ! Nothing cannot be done only more money.