• March 12, 2024
  • info@walmartbikes.com
  • 0

If you compare the price of an e-bike in Singapore to the price of an e-bike with the same specifications in a neighboring country, you’ll find that the price in Singapore is much higher. Below, we’ll explain why this is the case:

E-Bikes
  1. Strict European safety standard EN15194:2017 certification
    Singapore requires all e-bikes to comply with the latest European standard EN15194:2017. manufacturers are prohibited from using cheap and low-quality components in the manufacture of e-bikes. Every mechanical and electrical component of an e-bike model must be certified by an internationally recognized testing laboratory before it is submitted to local authorities for type approval. The government implemented this regulatory measure to ensure the safety of e-bikes on the streets and to reduce the risk of fire in densely populated island cities.
    2.LTA’s requirement to cap the empty weight of e-bikes at 20 kilograms
    Following a tragic incident in 2019, both the public and the government in Singapore have expressed serious concerns about pedestrian safety. In response, Singapore lawmakers made the decision to limit the weight of e-bikes to 20 kilograms. This limit is intended to mitigate the potential impact on pedestrians and other road users in the event of an accident.
    As a result, all Power Assisted Bicycle (PAB) manufacturers cannot simply adopt off-the-shelf standard e-bike products. They must put more effort into designing PABs that meet stringent European safety standards while providing riders with considerable range. The increase in engineering and design work, as well as R&D expenses, has resulted in higher costs for PABs in Singapore.
  2. Import duties:
    In addition to the 8% GST levied by Customs on e-bikes, which is scheduled to increase to 9% by 2024, the Land Transport Authority (LTA) also levies an import license fee of $30 per compliant e-bike (PAB) as follows: “PAB Import Control System” from 28 June 2021; “PAB Import Control System” from 28 June 2021; “PAB Import Control System” from 28 June 2021; “PAB Import Control System” from 28 June 2021; and “PAB Import Control System” from 28 June 2021. “LTA has introduced this additional measure to ensure that all PABs imported into Singapore comply with local regulations and are accompanied by a valid import license.
  3. Sealing and Inspection Fees:
    When the e-bikes arrive in Singapore in cardboard boxes, we are unable to sell them immediately to the end customers. Instead, we need to assemble them and transport them to an inspection center designated by the Land Transport Authority for thorough inspection. Only after all the necessary requirements have been met will the Inspection Center affix an orange seal on each e-bike that corresponds to its license plate number. The cost of this inspection and sealing process is $50 (plus GST) per unit. The cost of inspection and sealing, as well as the increased operating costs associated with the additional processing required for inspection, contribute significantly to the overall increase in the price of e-bikes.
  4. Hazardous Waste Disposal Costs:
    Many may not be aware that as part of the Producer Responsibility Scheme (PRS) set up by the NEA, importers of e-bikes are required to pay a waste disposal fee to a designated waste disposal company.The PRS aims to ensure that e-bike waste is recycled correctly and to protect Singapore’s environment.
    On average, PAB importers are expected to bear a cost of $30 to $50 per unit under the PRS scheme.

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