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Tan Chong Motor Sales has announced that it will offer a full lineup of petrol-powered light commercial vehicles for sale from April 2021.

31 Jan 2021 | Local News : Singapore



Tan Chong Motor Sales, the exclusive distributor of Nissan passenger and Light Commercial Vehicles (LCVs) in Singapore, has announced that it will offer a full lineup of petrol-powered Nissan LCVs from April 2021.

This is in support of the National Environment Agency and Land Transport Authority's new Commercial Vehicle Emission Scheme (CVES) and enhanced Early Turnover Scheme (ETS), which will take effect from 1 April 2021 until 31 March 2023.

The petrol-powered LCVs benefit from the government's incentives, lower vehicle maintenance costs and are also less polluting
With the introduction of the petrol-engined Nissan NV350 Urvan full-size van in April, Nissan's entire lineup of LCVs in Singapore, which includes the Nissan Cabstar light truck and Nissan NV200 compact van, will be petrol-powered. With these, Nissan will have the widest petrol LCV lineup in Singapore, in-line with the government's initiatives towards sustainable consumption.

This complements Nissan's commitment towards a greener future with a mostly electrified passenger vehicle range in Singapore by 2023, a move announced in 2019 at the Singapore Motor Show. The new Nissan LCV offerings are obvious choices for owners who want to reduce business costs, both short- and long-term.

"Nissan's lineup of petrol-powered LCVs offers outstanding value, durability and versatility for every business need. They are also cleaner and better for the environment. Business owners should take advantage of the government's incentives, which lower upfront ownership costs, as well as the lower vehicle maintenance costs for Nissan petrol LCVs to make the switch from diesel. In today's climate, every dollar saved is important; here we are talking about tens of thousands of dollars of savings per vehicle. So moving from a diesel LCV to a Nissan petrol LCV makes sense for both business and for the environment," said Mr. Glenn Tan, Deputy Chairman and Managing Director, Tan Chong International Limited.

Announced in March 2020, the CVES promotes the adoption of cleaner commercial vehicles, and is part of Singapore's multi-pronged approach to ensuring good air quality. Under the CVES, Nissan's new lineup of petrol LCVs - the Cabstar, NV200 and NV350 Urvan - will all qualify under Band B for an upfront $10,000 incentive.

Nissan's new lineup of petrol-powered LCVs will qualify for a $10,000 incentive under Band B of the CVES
On the other hand, most of the more pollutive diesel-powered LCVs will fall under Band C, which means they will attract a penalty surcharge of $10,000. Customers who choose a Nissan petrol LCV over a diesel one will see savings in their upfront purchase costs of at least $20,000 under the CVES.

On top of that, customers of older diesel-powered commercial vehicles, now up to Euro 4 or equivalent, can also ride on the enhanced ETS to enjoy even more savings. They will receive a discount on the Prevailing Quota Premium (PQP) payable when they replace their diesel vehicles with a Euro 6 (or equivalent) LCV classified under Band A or B of the CVES.

The savings can be as much as $30,000 in cases where customers will receive a discounted PQP versus the prevailing Cat C quota premium. Together, the CVES and the enhanced ETS mean customers save up to $50,000 in total upfront ownership costs if they purchase a Nissan petrol LCV instead of a diesel LCV. There is also lower road tax for petrol LCVs.

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