EV price
Volvo EX40 Ultra price in Singapore
$187,734 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 40th cheapest of the 95 electric cars LTA lists.
| COE category | Category B (electric cars over 110 kW) — $129,910 in LTA's August 2026 figures. |
|---|---|
| Motor power | 175 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.
| EX40 Ultra | |
|---|---|
| Open Market Value | $35,256 |
| GST & excise duty | $10,859 |
| Additional Registration Fee | $41,359 |
| VES rebate / surcharge | −$22,500 |
| EV Early Adoption Incentive | −$7,500 |
| Registration fee | $350 |
| Total before COE | $57,824 |
| COE premium | $129,910 |
| Total with COE | $187,734 |
| Distributor price | — |
| Dealer margin | — |
Other versions of this car
How this compares
The median electric car in Singapore costs $193,480 with COE on the same LTA basis, so the Volvo EX40 Ultra is $5,746 cheaper than that.
Next cheaper
- Hyundai Ioniq 5 2WD SR Prestige $184,083
- BYD Sealion 7 Dynamic $183,896
- Tesla Model 3 Standard RWD 110 $182,618
Next pricier
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