EV price
NIO Firefly price in Singapore
$153,968 with COE, according to LTA's August 2026 Car Cost Update. The distributor filed no price with LTA, so expect the showroom figure to be higher. That makes it the 6th cheapest of the 95 electric cars LTA lists.
| COE category | Category A (electric cars of 110 kW or less) — $123,890 in LTA's August 2026 figures. |
|---|---|
| Motor power | 99 kW |
Full price breakdown
Read top to bottom: the import value, each tax and rebate on it, then the COE. "Total with COE" is what LTA works out the car costs to put on the road before any dealer margin — it is not the showroom price, which is the distributor row where one was filed.
| Firefly | |
|---|---|
| Open Market Value | $22,728 |
| GST & excise duty | $7,000 |
| Additional Registration Fee | $23,820 |
| VES rebate / surcharge | −$22,500 |
| EV Early Adoption Incentive | −$1,320 |
| Registration fee | $350 |
| Total before COE | $30,078 |
| COE premium | $123,890 |
| Total with COE | $153,968 |
| Distributor price | — |
| Dealer margin | — |
How this compares
The median electric car in Singapore costs $193,480 with COE on the same LTA basis, so the NIO Firefly is $39,512 cheaper than that.
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