carmakers modifying EVs to meet Singapore's unique car categories to be sold at a lower price.
"Singapore is the only place in the world where the Hyundai Ioniq 5 is available with 107kW of power – lower than the 125kW version sold elsewhere.
The entry-level version was specifically created to fall below the Category A COE’s maximum power output threshold, which was revised up to 110kW from 97kW in May 2022."
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