The Honda e is a small electric hatchback made in Japan. Owning an electric car in Singapore changes some costs. Road tax follows motor power, not engine size, and charging replaces petrol. This guide sets out what the facts show.
The insurance prices are examples, as of 1 November 2026. They are for one stated driver and one car age. Your own quote depends on your details.
The version on the new-car list
The new-car list read on 2026-10-10 shows one version. It is listed as a hatchback, made in Japan.
- Honda E Electric Advance 35.5 kWh: electric, 152bhp
The price page prices the same car, named the Honda E Advance 35.5 kWh. It is the version most insurers quote.
List price
As listed on 2026-10-10, the Electric Advance cost S$204,000, including COE as listed that day.
Dealers change prices after COE rounds. Ask for a current figure, and check what each offer includes, such as a home charger.
COE rules for electric cars
An electric car's COE category depends on its motor power. The price page says a fully electric Honda E needs a Category A COE if its motor is 110kW (147bhp) or less. If it is more powerful, it needs a Category B COE.
In the October 2026 2nd round, Category A closed at S$132,004 and Category B at S$131,901. The COE page shows each new round.
Road tax on an electric motor
For electric cars, LTA's formula uses motor power. For a 152bhp (113kW) motor, road tax is S$1,577.80 a year before any age surcharge.
That is a higher figure than many small petrol cars pay. The surcharge for older cars still applies:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page explains the formula for other motors.
Insuring the Honda e
The Honda E price page prices one profile:
- Car: Honda E Advance 35.5 kWh, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years of driving
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
On those details, 8 insurers quote. The lowest premium is S$1,077.73 a year. The dearest of them asks at least S$1,709.56. That is S$631.83 more, or 59% on top. All prices include 9% GST.
11 insurers have no online price for the Honda e. Some of those do not price electric cars online at all.
Excess: a big range
The excess runs from S$300 to S$2,500 on this page. The lowest premium carries the S$2,500 excess, the highest on the page. Plans a little dearer carry S$600, S$800, S$900 or S$1,200. The plans with a S$300 excess cost the most.
So the lowest premium means a large share of any claim falls on you. Weigh both figures together. Some prices are marked as estimates. One plan is priced for any workshop, not an authorised one.
How the premium changes
The price page shows the lowest price when one thing changes:
- No NCD (0%): S$2,025.83, S$948.10 more
- 20% NCD: S$1,629.67, S$551.94 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,205.30, S$1,127.57 more
- Driver aged 65, 20 years' driving, 50% NCD: S$1,219.43, S$141.70 more, with 7 insurers pricing
- New car, registered this year: S$1,044.00, S$33.73 less, with 7 insurers pricing
- Car 8 years old: S$1,031.31, S$46.42 less
The young driver costs most, at 105% above the standard figure. With no NCD, the lowest price reaches S$2,025.83.
Car age works in your favour either way here. Both a new car and an 8-year-old car price lower than the 3-year-old car on the page. The older driver pays somewhat more.
Remember these are lowest prices only. Other plans may move by different amounts.
Against other electric cars
The price page sets the Honda e beside six electric cars, for the 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 Honda e is 7% below that. Even so, 4 of the six cost less to insure on these details. The average is pulled up by two dearer cars.
Other Honda models are on the Honda car insurance page.
Costs you will need to estimate
These depend on how you use the car:
- Parking: season parking at your HDB block or condo, plus parking out.
- Charging: what you pay turns on where you charge, how often and the rate. A home charger has its own set-up cost.
- ERP: depends on your routes and timing.
- Servicing: follow the maker's schedule. Ask what the warranty covers, including the battery, and for how long.
- Depreciation: what the car loses over its COE life depends on what you pay and what it later fetches.
Summary of yearly costs we can show
For the Honda E Advance 35.5 kWh, as of 1 November 2026 unless dated otherwise:
- Road tax: S$1,577.80 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$1,077.73 a year, with a S$2,500 excess on that plan
- Insurance, no NCD: from S$2,025.83
- Insurance, driver aged 27: from S$2,205.30
- Insurance, car 8 years old: from S$1,031.31
One-off costs for reference: S$204,000 as listed on 2026-10-10. COE in the October 2026 2nd round was S$132,004 for Category A or S$131,901 for Category B.
Before you buy: car insurance for the Honda E
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Honda E 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.