M'sia car maker Perodua selling its 1st-ever electric vehicle for S$25,150 & S$93 monthly subscription for battery

Perodua, Malaysia's second national car manufacturer, has produced its first electric vehicle, the QV-E.

The entry price starts at RM80,000 (S$25,150) — without factoring the battery cost.

The EV's battery is being leased separately to address concerns about battery longevity and cost.

Battery leasing concept: S$93.40 per month

Perodua's "Battery as a Service" leasing concept will be priced as a monthly subscription fee of RM297 (S$93.40), including an 8 per cent sales and service tax, bundled into the monthly car loan instalment.

This is so that Perodua can offer a lifetime guarantee on the battery for customers "peace of mind", Perodua president and CEO Zainal Abidin Ahmad said.

The vehicle has a range of up to 445km depending on driving conditions.

A nine-year loan tenure would result in a total monthly commitment of RM1,185 (S$372.50), comprising the RM910 (S$286) car instalment and the RM275 (S$86.50) battery fee.

Those who opt for full payment upfront will still need to pay for the separate monthly subscription for the battery via the Perodua's P-Circle app.

The QV-E is available in two colours, Ice Blue and Caviar Grey,

It is powered by a 52.5kW lithium iron phosphate (LFP) battery.

Production capacity of 500 units per month

The QV-E, which stands for "Quest for Visionary Electric Vehicle", was developed with an investment of RM800 million (S$251.50) and is manufactured at Perodua's new Smart Mobility Plant in Sungai Chih, Selangor.

The current production capacity stands at 500 units per month, with plans to ramp up to 3,000 units monthly by the third quarter of 2026.

Top photos via Anwar Ibrahim & Perodua Tmn Impian Emas (J.B.)