The Aion V is an electric SUV made in China. You may be comparing it with other electric SUVs on price. This guide adds the costs that come after you buy: road tax and car insurance, with the COE rule alongside.
All insurance figures are examples for one stated driver, as of 1 November 2026. Treat them as a guide to how prices compare. Your own price will depend on your answers.
Versions on the list
The new-car list read on 2026-10-10 shows two electric versions, each with a 134bhp motor:
- Premium 64.5 kWh
- Luxury 75.3 kWh
The quote form carries the same two. The insurance prices below are for the Luxury 75.3 kWh, the version most insurers quote.
Price as listed
List prices as listed on 2026-10-10, each including COE as listed that day:
- Premium 64.5 kWh: S$188,988
- Luxury 75.3 kWh: S$195,988
The gap between them reflects the larger battery and trim. Ask for an up-to-date figure, since list prices follow COE results.
The COE rule
The price page says a fully electric Aion V needs a Category A COE if its motor is 110kW (147bhp) or less. A more powerful motor would need a Category B COE.
The October 2026 2nd round closed at S$132,004 for Category A and S$131,901 for Category B. See the COE page for newer results.
Yearly road tax
For the 134bhp (100kW) motor, LTA's formula gives S$1,501.56 a year, checked 2026-10-19. Both versions share that motor, so both pay the same.
Cars over 10 years old pay a surcharge on top. It is +10% over 10 years, +20% over 11, +30% over 12, +40% over 13 and +50% over 14. The road tax page has the details.
Insuring the Aion V
The Aion V price page works from one driver and one car:
- Car: Luxury 75.3 kWh, 3 years old, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
4 insurers price it. The lowest premium is S$856.84 a year. The insurer whose lowest plan costs most asks at least S$1,794.52. That gap is S$937.68, or 109% more. All prices include 9% GST.
The page lists 15 insurers with no online price for the Aion V. Most simply have no price for this model yet. One has no online price for electric cars and another does not quote them online. So only a small part of the market can be compared online.
Plan types and excess
The lowest price comes from a plan named as collision only, marked as an estimate. Read what each plan covers before you compare on price alone. The two lowest plans carry an excess of S$1,000. Others carry S$600 or S$300.
Several prices on the page are marked as estimates. Two plans from different insurers share the same premium of S$1,686.75. The dearest plan listed costs S$2,934.99 with a S$300 excess. So the full list runs well past the figures above. When you compare, line up the cover, the excess and whether the price is an estimate.
Changes that move the price
Here is the lowest price when one thing changes:
- No NCD (0%): S$1,803.87, up S$947.03
- 20% NCD: S$1,443.08, up S$586.24
- Driver aged 27, 3 years' driving, 30% NCD: S$1,880.74, up S$1,023.90
- Driver aged 65, 20 years' driving: S$1,051.16, up S$194.32
- New car, registered this year: S$1,686.75, up S$829.91
- Car 8 years old: S$842.13, down S$14.71
The young driver change costs most, a rise of 119%. The new car line is unusual. Its lowest price jumps because only 3 insurers price a new car, and the lowest plan for the older car is not among them. That is a reason to compare each plan, not only the top figure.
Against six other electric cars
The price page lines the Aion V up with six electric cars, same driver and car age:
- BMW iX1: S$1,907.27
- BYD Sealion 7: S$1,390.72
- Tesla Model Y: S$939.71
- BYD Atto 3: S$913.63
- Tesla Model 3: S$913.62
- BYD M6: S$861.41
Their average lowest price is S$1,154.39. The Aion V costs 26% less than that, and none of them is cheaper to insure on these details. Bear in mind that its lowest price is a collision only estimate, while the rivals are priced by more insurers. More Aion models are on the Aion car insurance page.
Costs you set yourself
- Charging: depends on where you charge and how far you drive. Check chargers near your home.
- Parking: season parking plus parking away from home.
- ERP: depends on your daily routes.
- Servicing: follow the maker's schedule and ask about the battery warranty.
- Depreciation: depends on what you pay and what the car is worth later.
Summary of yearly costs we can show
For the Aion V, with dates:
- Road tax: S$1,501.56 a year before any age surcharge (checked 2026-10-19)
- Insurance, standard driver: from S$856.84 a year (as of 1 November 2026)
- Insurance, driver aged 27: from S$1,880.74
- Insurance, new car: from S$1,686.75
One-off costs: S$188,988 for the Premium as listed on 2026-10-10. COE in the October 2026 2nd round closed at S$132,004 for Category A and S$131,901 for Category B.
Before you buy: car insurance for the Aion V
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Aion V to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.