Tesla has introduced a new rear-wheel drive variant of the Model 3 tailored for the Singapore market, named the “Drive 110.” This version is designed to be more budget-friendly, which could appeal to Singaporean buyers given the nation’s specific car ownership rules.
This new Model 3 variant is priced at SGD 69,300 (around 372,700 Yuan), which is lower than the standard rear-wheel drive model. However, the reduced price comes at a cost to performance. The “Drive 110” offers a total power output of 110 kW and accelerates from 0-100 km/h in 8.6 seconds, while the standard model achieves this in 6.1 seconds. Despite these differences, both versions share the same WLTP driving range of 513 km.
Market Specifics
It is uncertain if this version will be available in mainland China, as it has been specifically adjusted to meet Singapore’s regulatory requirements.
The Reason Behind “Drive 110”
In Singapore, purchasing a car requires obtaining a Certificate of Ownership (COE), which is acquired through a bidding process. COEs are divided into two categories: Class A (up to 110 kW) and Class B (above 110 kW). Class A COEs are notably less expensive. When factoring in the cost of the COE and the vehicle, the “Drive 110” with its Class A COE proves to be a more economical choice for Singaporean consumers, even though it offers lower performance compared to the standard rear-wheel drive version.
