Tag: Malaysia Automotive Industry

Perodua Unveils Malaysia’s First Homegrown EV, QV-E
EV & Electric Cars, Industry & Business, News

Perodua Unveils Malaysia’s First Homegrown EV, QV-E

Malaysia’s automotive industry has taken a significant step forward with the launch of Perodua’s QV-E, marking the country's first fully homegrown electric vehicle (EV). The subcompact crossover is priced at RM85,000 ($19,400), but buyers must lease its 52.5-kWh battery separately for nine years to drive it.Key TakeawaysThe QV-E is Malaysia’s first locally developed electric vehicle, priced at RM85,000 ($19,400).Batteries are leased for nine years, adding an extra cost to the ownership.The EV offers a range of 277 miles and comes with a powerful 201 hp motor.Perodua’s QV-E is not just another electric car; it's a milestone in Malaysia’s automotive history. The brand has invested RM800 million ($194 million) since May 2023 to develop the model, which started as a scale model of the EMO conc...