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Tesla Model 3 to get up to US$22,000 rebate in Singapore, says Transport Minister

model 3 wild

Elon Musk presented the Tesla Model 3 as the “best vehicle you can buy for US$35,000”, regardless of the fact that it is all-electric or what kind of incentives are available to you, but the truth is that a lot of customers will have the opportunity to buy the car for much less (without options) – thanks to government incentives to encourage the adoption of electric vehicles.

I have a reservation and here in Quebec, if all goes well, I should still be eligible for a CA$8,000 (US$6,200) rebate by the time the car becomes available, which should go a long way to help alleviate the price difference due to the exchange rate between CAD/USD.

But the incentive in Quebec has nothing on Singapore’s. Singapore’s Minister of Transport Khwan Boon Wan said this week that under the global city’s Carbon Emissions Vehicle Scheme (CEVS), the Tesla Model 3 is eligible to up to SGD$30,000 (US$22,000) in incentives.

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Germany officially announces a €4,000 incentive for electric vehicles starting in May

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Earlier this week, we reported on German Chancellor Merkel planning to get directly involved in the negotiations with the auto industry over electric vehicle incentives though a meeting held yesterday. Apparently the meeting went fairly well since local media are already reporting that the two parties struck a deal albeit not as generous as previously expected.

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German automakers are reluctant to finance the government’s €1 billion electric vehicle plan

Mercedes-Benz auf der Silvretta E-Auto Rallye 2015

As we previously reported, the German government is currently in the final stages of establishing a new plan to boost the electric vehicle market in the country. The plan is rumored to include tax breaks for the development of EV technologies, investments in charging infrastructures and finally a much-anticipated €5,000 discount at the purchase of an electric vehicle.

The government is reportedly in negotiations with the German auto industry to figure out the financing of the initiative, but apparently the industry is only willing to pay for about a third of what the government is asking.

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Denmark’s best-selling car in December was for the first time an electric car: the Tesla Model S

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In December, the Tesla Model S not only outsold every other electric car in Denmark, but every single car model regardless of if they are gas-guzzling or battery-powered.

Tesla delivered 1,249 Model S’s in December in Denmark, easily beating the second best-selling vehicle; the Peugeot 208 with 903 vehicles sold during the month.

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Nevada approves $335 million in incentives for Faraday Future to build its electric car factory in the state

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Earlier this month, we reported on Faraday Future’s plan to build its electric vehicle factory in North Las Vegas. Now we learn (via AP) that during the weekend, Nevada Gov. Brian Sandoval approved a $335 million incentive package in a deal that will bring Faraday Future’s factory to a Las Vegas suburb.

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