Tesla, an electric vehicle manufacturer, has set up three charging points in Orchard Central and plans to install more stations in the coming months.
The Tesla V3 supercharger, which is only for Tesla owners, is expected to reduce charging time to 15 minutes. Normal chargers usually take several hours to fully charge.
Tesla recharging points were installed under a regulatory sandbox by the Land Transport Authority (LTA), Transport Minister S Iswaran said at a media event held by Sembcorp.
Iswaran said the LTA had launched the scheme this month to accommodate technologies that are on track to be included in Singapore’s national cargo standard.
He added that LTA has been involved in companies to submit specific sandbox applications for their case-by-case assessment.
Tesla is expanding in Singapore amid the country’s EV momentum
The company establishes its presence in Singapore amid the country’s EV momentum and hires workers to support its business here.
Last month it was reported that it was the American manufacturer of electric cars taking up space previously occupied by Nissan’s dealer of Tan Chong Motor in Toa Payoh.
His Model 3 car is expected to be on display. The only Tesla model available for sale in Singapore is the Model 3 compact. The standard range series costs $ 116,364 before the Certificate of Entitlement (COE).
According to the electric car giant work portal, currently hires three positions in Singapore: supply chain manager, APAC sales manager and engineer.
Singapore opens grant applications for EV charger installation
The grant to subsidize the installation of electric vehicle chargers in condominiums and other unearthed private residences will open to applications on July 29th.
The grant for common chargers for electric vehicles aims to build recharging infrastructure in eligible residences. Through it, LTA will co-finance the installation costs of 2,000 EV chargers as an incentive for early adoption.
EV charger owners can apply for the grant to cover three initial cost components of the charger installation. These are the charging rod, licensed electric worker rates, and wiring and installation costs.
The grant will co-finance 50% of the three cost components, with an overall limit of $ 4,000 per charger.
Chargers must have intelligent charging functions that can control and react to power consumption information.
“As unearthed private residences make up a significant proportion of residences in Singapore, improving charger supply is an important step towards improving the coverage of Singapore’s national electric vehicle charging network,” LTA said.
The grant was announced in March during the budget debate of the Ministry of Transport.
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Image credit: AFP