The Kia EV4 is a newer electric car on Singapore's new-car list. If you are comparing it with other electric models, the list price is only one part. Road tax for an electric car follows motor power, and insurance prices for this model are all estimates for now.
This guide takes each cost in turn. Insurance figures are examples for one stated driver, read on 1 November 2026. They show how prices compare, not what you will pay.
The version listed
The new-car list read on 2026-10-10 has one version:
- Kia EV4 Electric 58.3 kWh: electric, 201bhp, made in South Korea, listed under the luxury body type
The price page quotes the same EV4 58.3 kWh, so the figures below all refer to one car.
List price
As listed on 2026-10-10, the EV4 was S$209,999, including COE as listed that day.
That price can move after COE rounds. Ask for the current figure in writing. When you compare offers, check each includes the same items, such as any charger.
The COE rule for an electric car
For electric cars, the category depends on motor power. The price page says the EV4 needs a Category A COE if its motor is 110kW (147bhp) or less. It needs a Category B COE if the motor is more powerful.
In the October 2026 2nd round, Category A closed at S$132,004 and Category B at S$131,901. The COE page has the latest.
Road tax on a 201bhp motor
Road tax for an electric car is based on motor power, not engine size. For the EV4's 201bhp (150kW) motor, LTA's formula gives S$1,794.80 a year, checked on 2026-10-19. That is before any age surcharge.
That is a fair amount more than many small petrol cars pay. The surcharge for older cars also applies to electric ones:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page shows how the formula works.
Insurance for the standard driver
The Kia EV4 price page quotes on these details:
- Car: EV4 58.3 kWh, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years' driving
- Record: 50% NCD with no claims
- Repairs: authorised workshop, no options
4 insurers price it, across 5 plans. The lowest premium is S$1,108.07 a year. The insurer whose lowest plan costs most asks at least S$1,637.63. That is S$529.56 more, or 48% on top. Prices include 9% GST.
Every price on this page is marked as an estimate. That is common for a model that has only recently arrived. The figures give a level, but quotes for your own details may differ.
Fifteen insurers on the page give no online price. Some do not quote electric cars online at all.
What the excesses look like
Excesses range from S$600 to S$1,500. The lowest premium carries S$600, the bottom of that range. Two plans from one insurer carry S$1,500. So here the lowest premium does not come with a higher excess, which is not always the case.
Note also that one of the plans is for collision cover only, by its name. Check exactly what each plan covers before comparing premiums.
When one thing changes
The lowest price on the page, one change at a time:
- No NCD (0%): S$2,332.80, which is S$1,224.73 more
- 20% NCD: S$1,866.23, which is S$758.16 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,261.12, which is S$1,153.05 more
- Driver aged 65, 20 years' driving, 50% NCD: S$1,235.89, which is S$127.82 more
- A new car, registered this year: S$1,108.07, the same, with 3 insurers pricing
- A car 8 years old: S$1,108.07, the same
Losing your NCD makes the biggest difference: the price rises by 111%. The young driver comes close behind. The car's age does not change the lowest price at all. If you buy new, one fewer insurer prices the car.
Against other electric cars
For the same driver and car age, the price page lists six electric cars:
- BYD Sealion 7: S$1,390.72
- BYD Atto 3: S$913.63
- BYD M6: S$861.41
- BMW iX1: S$1,907.27
- Tesla Model 3: S$913.62
- Tesla Model Y: S$939.71
Their average lowest price is S$1,154.39. The EV4 sits 4% below that. Even so, 4 of the 6 are cheaper to insure. The average is pulled up by the BYD Sealion 7 and the BMW iX1. The Kia car insurance page covers the make's other models.
Costs that turn on your routine
No single figure fits these:
- Parking: season parking at home and charges at work and in town.
- Charging: home charging, if you have it, and public charger rates both shape this. How far you drive matters most.
- ERP: set by your routes and times.
- Tyres and servicing: electric cars still wear tyres and brakes. Ask what the battery warranty covers and for how long.
- Depreciation: what you pay now set against the car's later value.
Summary of yearly costs we can show
For the Kia EV4 58.3 kWh:
- Road tax: S$1,794.80 a year before any age surcharge (checked 2026-10-19)
- Insurance, standard driver: from S$1,108.07 a year, an estimate (1 November 2026)
- Insurance, no NCD: from S$2,332.80
- Insurance, driver aged 65: from S$1,235.89
One-off costs: S$209,999 as listed on 2026-10-10, COE included. In the October 2026 2nd round, Category A COE closed at S$132,004 and Category B at S$131,901.
Before you buy: car insurance for the Kia EV4
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Kia EV4 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.