2025 Hari Raya 4 Days Car Rental Package

Sewa Kereta Murah Sempena Hari Raya – Dari $140/Hari!

Hari Raya vibes are in the air! Are you all set for the festivities?

Need a comfy, well-maintained car for Raya? Our highly anticipated Hari Raya 4-Day Car Rental Promotion is finally here!

Rental rates start from $140 per day*. Find out more details with us and start planning your Hari Raya trips early!

✅ Affordable rates
✅ Wide selection – Sedan, SUV & MPV
✅ Well-maintained & comfortable cars

📅 Limited slots! Book now before it’s too late! 🚗🌙

 *T&Cs apply. Prices depends on car models and duration. Not for PHV. Limited slots, while stocks last.

2025 Chinese New Year Car Rental Package

Promotion has expired.

Counting down to the Lunar Chinese New Year! Our long-awaited CNY Car Rental Promotion is here again and various car types and models are available while stocks last. 

Rental rates start from $120 per day*. Find out more details with us and start planning your CNY trips early!

 *T&Cs apply

2024 September School Holiday Car Rental Promotion

 

🚗🎉 Make This School Holiday Unforgettable! 🎉🚗

Discover family adventures with our brand-new Toyota Corolla Altis and Mazda 3 from just SG$68 a day. Whether you’re exploring Singapore’s hidden gems or visiting favorite spots, we’ve got the perfect ride for you. 📅💫

Affordable and convenient, we’re just a call away to help you make the most of this school break. Let us assist in creating unforgettable memories that last a lifetime. Book now and hit the road for a fantastic adventure! 🏞️👨‍👩‍👧‍👦

 

Promotion period: 9th August to 1st September 2024
Not for PHV Rental, minimum 1 month rental period.
Mazda 3 and Corolla Altis cars are available on a first-come first serve basis and valid while stocks last!
Contact us today to reserve the cars.
Hotline: 6654 7788
Email: enquiries@ethozautolease.com
*T&Cs apply

2024 NDP 4-Day Car Rental Package

Promotion has ENDED
 
Planning for that upcoming NDP long weekend?
BRAND NEW cars available for rent from as low as $100/ month!
Mazda 3 and Corolla Altis cars are available on a first-come first serve basis and valid while stocks last!
Contact us today to reserve the cars.
Hotline: 6654 7788
Email: enquiries@ethozautolease.com
*T&Cs apply

2024 Monthly Car Rental Package

BRAND NEW cars available for rent from as low as $2,000/ month!
Mazda 3 and Corolla Altis cars are available on a first-come first serve basis and valid while stocks last!
Contact us today to reserve the cars.
Hotline: 6654 7788
Email: enquiries@ethozautolease.com
*T&Cs apply

Electric Commercial Vehicles Are Finally Here, What Does It Mean For Us?

You might have noticed electric commercial vehicles making rapid inroads into the local automobile industry of late, with the charge being led by companies such as BYD, Citroen and DFSK1 (Dongfeng Sokon Automobile) amongst others. Models such as the T3, e-Dispatch van and EC35 have become popular with businesses and are an increasingly common sight on the roads. Even large companies like DHL2 have switched to an eco-friendly delivery fleet, replacing their ICE (Internal Combustion Engine) vans with electric ones.

The recent presence and prevalence of electric vehicles is neither an accident nor a modern phenomenon. Electric vehicles were already available at the dawn of the automobile age, with its invention going as far back as the 1830s3 and its commercial debut in the 1890s. These days, government incentives, lowered cost of ownership and heightened social consciousness are propelling this new phase of automobile electrification further and faster than ever before.

In Singapore, the long term goal4 is to achieve 100% of vehicles running on cleaner energy by 2040, and reduce peak emission levels by 80% within the next 10 years. The road map towards this objective has already begun with the installation of infrastructure such as charging stations across the island and a raft of financial inducements such as lower road tax and incentives like the EV Early Adoption Incentive (EEAI) and Vehicular Emissions Scheme (VES). There are also campaigns to educate the public on the benefits of Electric Vehicles (EVs) and the positive effects on the environment. Though the commercial sector has been slower in adoption, even here, the paradigm shift is underway.

For businesses, the impetus for change has always had a strong correlation with costs. The cost of petrol in Singapore has always been relatively high because of import costs as well as duties which range from 66 cents to 79 cents per litre for premium petrol (RON98 and up) and ‘regular’ petrol (RON 92 and 95) respectively5. Comparing the average cost of running an ICE and EV of a similar make, EVs can be up to 4 times cheaper to run6. According to studies by the LTA (Land Transport Authority), the average annual mileage of commercial vehicles is 40,000km.

 

Factoring in the current fuel rate of $2.71, and an average consumption of 1 litre for every 11.5km  the annual running cost is $9,426.

40,000km / 11.5 (average L/km) x $2.71

 

Similarly for EVs, we consider that it can travel 6.4km per kWh, then multiply this with the current cost of $0.52 per kWh. The running cost is $3,250 annually.

40,000km / 6.4 (average kWh) x $0.52

 

This difference means that a savings of 65% in annual running costs is possible by replacing petrol or diesel vehicles with electric ones.

Another concern of most would-be EV owners is the availability of charging options, as well as the time needed to exchange EV batteries. Fleet managers would be worrying about whether time would be wasted searching for a suitable charging station or waiting many hours for an EV to be adequately charged. To businesses, any down time imposes an opportunity cost as these resources could have otherwise been productively deployed. In anticipation of future needs, a robust network of EV facilities and services is rapidly being set up. The current number of petrol stations stands at about 180 around the island. Planned EV charging points far outnumber this figure many times over. In HDB (Housing Development Board) estates, nearly 2,000 HDB car parks will each have a minimum of three charging points by 20259. By 2030, a total of 60,000 EV charging points are planned to be installed. A variety of different charging stations have also been installed.

 

Level 1 chargers

These charging points supply a 120 volt AC through a standard electrical outlet. A Level 1 EVSE (Electric Vehicle Supply Equipment) cable which uses a regular 3-pin household plug on one end for the outlet. Level 1 chargers supply between 1.4kW to 3kW and would take between 8 to 12 hours to fully charge vehicle batteries.

 

Level 2 chargers

Level 2 chargers supply 240 volts AC and are referred to as public charging. These require specialised equipment to set up at home. Most Level 2 chargers are found in residential areas, public parking lots, and places of work or commercial settings. A charging session generally requires 1 to 11 hours with a charging rate of 7kW to 22kW with a Type 2 connector.

 

Level 3  chargers

Getting a full battery from a level 3 charger is the fastest among the 3 options and can take as little as 20 minutes to 1 hour with a charging rate of 43kW to 100+kW. Level 3 chargers also require installation and offer charging through 480V AC or DC plugs. The downside is that not all EVs are equipped with the required connectors so not everyone can make use of these charging points.

 

Making the switch to EVs may be daunting for individuals but make perfect sense for companies with a vehicle fleet. Assuming a commercial EV has a range of 300km11 and a commercial vehicle averages a daily mileage of a distance somewhere between that of a regular driver and a Grab driver of between 200-300km12, the commercial EV only needs to recharge its batteries fully at the end of a work day. This is the perfect arrangement for vehicles that are mostly used during office hours and returned to the same location afterwards. They can then be charged up ready for use the next day.

Factoring TCO (Total Operating Costs) for EVs over ICE vehicles, makes another compelling argument. Over the 10-year period of acquiring and operating a vehicle, the TCO is lower for EVs12. How much depends on the usage whereby the cost savings become greater with higher utilisation.

Adopting EVs also has the ancillary benefit of future-proofing a company’s fleet before ICEs are inevitably made obsolete. The UNDP Global sustainability goals, to which Singapore is a party to, lists climate change and a governmental commitment to limit global warming to below 2 degrees celsius. Moving away from ICEs is listed as one of the steps to achieve this. For a company to pro-actively support these efforts, the options can range from positive brand perception to stronger brand loyalty or growing customer base.

However, this change does not come without disadvantages. Higher upfront costs to purchase a new EV is one such factor to consider. Maintenance costs, servicing or just general unfamiliarity also make it daunting to make the switch.

For those facing such reservations, a growing number of car leasing companies such as ETHOZ makes acquiring a commercial EV with confidence much easier. ETHOZ started offering EV for rent in 2021, right after Budget 2020 (on push to promote EV) was released. Renting or leasing an EV takes away the financial burden of having to fork out a large amount of cash in the beginning or taking a loan. Best of all, ETHOZ will take care of all EV-related operational and maintenance costs which are bundled as part of the monthly cost. Contact us to find out more of what we can provide you, customisation options are also available!

Reference:

1) https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/MVP02-4_New_CVS_by_make.pdf

 

2) https://www.cyclecarriage.com/sg/citroen/news/cycle-carriage-singapore-helps-dhl-express-fulfill-sustainability-goals-in-new-partnership

 

3) https://www.energy.gov/timeline-history-electric-car

 

4) https://www.lta.gov.sg/content/ltagov/en/industry_innovations/technologies/electric_vehicles.html

 

5) https://www.motorist.sg/article/1394/why-is-petrol-so-expensive-in-singapore

 

6) https://www.lhnparking.com.sg/articles/2/IsCharginganElectricCarCheaperthanRefuelingPetrol

 

7) https://www.sgcarmart.com/news/events_features.php?AID=4307&GASRC=sgcm

 

8) https://www.channelnewsasia.com/singapore/focus-singapores-electric-vehicle-revolution-coming-does-spell-end-petrol-stations-2768051

 

9) https://www.channelnewsasia.com/singapore/electric-vehicles-ev-charging-points-hdb-car-parks-2025-2547471

 

10) https://www.lta.gov.sg/content/ltagov/en/industry_innovations/technologies/electric_vehicles/our_ev_vision.html

 

11) https://sg.byd.com/wp-content/uploads/2021/04/STE-updated-T3-Brochure.pdf

 

12) https://www.motorist.sg/ask-motorists/109/how-much-mileage-is-considered-as-a-39-high-39-mileage

 

13) https://www.straitstimes.com/singapore/transport/private-hire-cars-driving-up-petrol-consumption-in-singapore-say-experts

 

14) https://val-byd.com.sg/cost-of-owning-an-electric-vehicle-in-singapore/

 

15) https://www.channelnewsasia.com/singapore/electric-vehicle-ev-charging-charge-points-public-car-parks-3295186

 

16) https://www.panion.org/fleet-electrification-11-of-the-best-electric-commercial-vehicles-on-the-market/

 

17) https://higer.sg/news-list/Which-EV-Commercial-Van-in-Singapore-Is-Right-For-You.html

2023 Hari Raya 3-Day Car Rental Package

The long-awaited Hari Raya Special Car Rental Package is here again! Head out in comfort and style for your visitations and gatherings. Our 3-day Special package starts at an affordable rate of just *$450. With our professional in-house maintenance team and 24 hour breakdown assistance, you can be assured of a hassle free driving experience. Choose from our wide variety of Sedan, MPV and SUV for rent. Early bird special rates end on 31 March! *T&Cs apply.

Book now to secure your preferred car model before stocks are gone.

For more enquiries, do call us at 6654 7788 to reserve your cars.

Happy Easter Weekend Car Rental

The Easter long weekend is around the corner again! Grab our Easter Special package and travel around in comfort and style! Special package starts from just *$238. With our professional in-house maintenance team and 24 hour breakdown assistance, you can be assured of a hassle free driving experience. Choose from our wide variety cars for rent. Book now to secure your preferred car model before stocks are gone. *T&Cs apply.

For more enquiries, do call us at 6654 7788!

Nissan NV350 Urvan Rental

Optimise your business operations with NV350 URVAN at low cost. Special rental rate start from $1,3XX. With our professional in-house maintenance team and 24 hour breakdown assistance, you can be assured of a hassle free driving experience. Choose from our wide variety of trucks and vans, fully customisable to your preference. Limited units available, enquire and book now to avoid disappointment! *T&Cs apply.

For more enquiries, do call us at 6654 7788!

2023 CNY Limited-Time Offer Car Rental Package – 5/10 Days!

Get around easy for your CNY visitations in comfort and style with our limited-time offer Car Rental packages! Our 5/ 10-day CNY Special package starts at an affordable rate of just $588.

With our professional in-house maintenance team and 24-hour breakdown assistance, you can be assured of a fuss-free driving experience. Choose from our wide variety of Sedan, MPV and SUV today. Book early by 15 December to enjoy early bird rates and you may even secure a brand new car of your choice! Stocks are available on a first-come-first-serve basis.

For more enquiries, do call us at 6654 7788!