Tesla has unveiled a new rear-wheel drive version of their Model 3 for the Singapore market, called the “Drive 110”. This version prioritizes affordability over raw performance, making it a potentially attractive option for Singaporean consumers due to the country’s unique car ownership regulations.
The new Model 3 sacrifices some performance for that lower price tag.
This new version boasts a lower price tag of SGD 69,300 (approximately 372,700 Yuan) compared to the standard rear-wheel drive variant. However, it sacrifices some performance with a total power output of 110 kW and a 0-100 km/h acceleration time of 8.6 seconds (compared to 6.1 seconds for the standard model). Interestingly, both versions share the same WLTP driving range of 513 km.
Whether this version will be available in mainland China remains unclear, as it’s specifically designed to comply with Singapore’s regulations.
So, why the “Drive 110”? Singapore’s car ownership system requires bidding for a Certificate of Ownership (COE) before purchasing a vehicle. There are two COE categories: Class A (up to 110 kW) and Class B (above 110 kW). Class A COEs are significantly cheaper. Taking both the COE cost and car price into consideration, the “Drive 110” with its Class A COE becomes the more affordable option for Singaporean consumers, despite the reduced performance compared to the standard rear-wheel drive version.
(Via)
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