The Kia EV5 is an electric SUV, and the new-car list shows it as made in Singapore. If it is on your shortlist, this guide sets out the figures for buying and running one. The list prices are clear. Insurance is less so, because only two insurers price it online.
Insurance figures are examples for one stated driver, read on 1 November 2026. They are useful for comparison. Your own quote depends on your details.
Air and Earth on the new-car list
The new-car list read on 2026-10-10 shows two versions. Both are electric SUVs with a 134bhp motor:
- EV5 Electric Air 64.2kWh
- EV5 Electric Earth 88.1kWh
The price page's quote form adds a third, the EV5 GT-Line 88.1 kWh. The insurance prices below are for the Air 64.2kWh, the version most insurers quote.
What the list shows
As listed on 2026-10-10, with COE included that day:
- EV5 Air 64.2kWh: S$201,999
- EV5 Earth 88.1kWh: S$221,999
The Earth has the larger battery and the higher price. List prices can change after COE rounds, so ask for a current figure. Check what each offer includes, such as a home charger or its installation.
COE for an electric SUV
For electric cars, motor power sets the category. The price page says the EV5 needs a Category A COE if its motor is 110kW (147bhp) or less, and a Category B COE if it is more powerful.
Category A closed at S$132,004 and Category B at S$131,901 in the October 2026 2nd round. The COE page shows the latest results.
Road tax by motor power
An electric car pays road tax by motor power. For the EV5's 134bhp (100kW) motor, LTA's formula gives S$1,501.56 a year, checked on 2026-10-19, before any age surcharge.
Both listed versions share that motor, so the figure applies to each. After 10 years, the usual surcharge adds:
- Past 10 years: +10%
- Past 11 years: +20%
- Past 12 years: +30%
- Past 13 years: +40%
- Past 14 years: +50%
The road tax page explains the formula.
Insurance: two insurers, three plans
The Kia EV5 price page quotes on one profile:
- The car: EV5 Air 64.2kWh, registered 3 years ago, private use, comprehensive cover
- The driver: 40 years old, married, office job, driving 10 years
- The record: 50% NCD, no claims
- Repairs: authorised workshop, no options
2 insurers price it, with 3 plans between them. The lowest premium is S$1,198.64 a year. The other insurer's lowest plan is S$1,246.79, which is S$48.15 more, or 4% on top. All prices include 9% GST, and all are marked as estimates.
Seventeen insurers on the page have no online price for the EV5. Some do not quote electric cars online.
The excess changes the picture
Here the lowest premium also has the lowest excess: S$0. The other two plans carry S$1,500 each. So the plan that costs least each year also asks nothing towards a claim. That is unusual, and worth confirming when you get a quote for your own details.
One of the dearer plans is for collision cover only, going by its name. Read what each plan includes before setting them side by side.
How the price changes
The lowest price on the page, with one detail changed:
- No NCD (0%): S$2,498.00, up S$1,299.36
- 20% NCD: S$1,998.39, up S$799.75
- Driver aged 27, 3 years' driving, 30% NCD: S$2,445.94, up S$1,247.30
- Driver aged 65, 20 years' driving, 50% NCD: S$1,336.92, up S$138.28
- A new car, registered this year: S$1,198.64, the same, from 1 insurer
- A car 8 years old: S$1,198.64, the same
Without NCD, the price rises by 108%, the biggest change here. The young driver pays almost as much. The car's age makes no difference to the lowest price.
For a brand new EV5, only one insurer gives a price online. If you buy from the showroom, the online choice is even thinner than the page's main figure suggests.
Six electric rivals
For the same driver and car age, the price page shows:
- 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 EV5 costs 4% more than that, and 4 of the 6 are cheaper to insure. Several of the rivals have 9 or 10 insurers pricing them. The Kia car insurance page lists the make's other models.
Costs you set yourself
No figure fits every owner:
- Parking: season parking at home, and charges at work and in town.
- Charging: home charging versus public chargers makes a large difference, as does how far you drive.
- ERP: depends on routes and times.
- Servicing and tyres: still needed on an electric SUV. Ask about the battery warranty and its terms.
- Depreciation: the gap between what you pay and what the car later fetches.
Summary of yearly costs we can show
For the Kia EV5 Air 64.2kWh:
- Road tax: S$1,501.56 a year before any age surcharge (checked 2026-10-19)
- Insurance, standard driver: from S$1,198.64 a year, an estimate (1 November 2026)
- Insurance, 20% NCD: from S$1,998.39
- Insurance, driver aged 27: from S$2,445.94
One-off costs: from S$201,999 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 EV5
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Kia EV5 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.