Environmental concerns are increasingly taking a front seat in public discourse. Singapore has created the lofty goal of phasing out internal combustion engine (ICE) vehicles by 2023 and reducing peak land transport emissions by 80% by 2050. To encourage car owners to go green, banks are also offering loans at lower interest rates for EVs than for regular and even used cars. If you’re planning to get an Electric Vehicle (EV), this article will guide you through the process of picking the right EV for you. Costs Involved in Getting an EV Before you start picking out your desired model, here are some things you should know about the costs involved in buying an EV. Insurance