2026 Perodua QV-E

[Hdbd04]

https://paultan.org/2025/05/08/pero...v-close-to-production-batt-leasing-q4-launch/

A sub MYR 80,000 (USD 18,739) lower B-segment EV, with a predicted 400 km range. The CATL-sourced power unit will be under a "battery-as-a-service" program. The craziest thing is that it's an independent project from the company itself (No input from Daihatsu). Expected to arrive in Q4 2025.

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[Hdbd04]

Perodua QV-E launched - first homegrown EV, Magna Steyr input, 0-100 7.5s, 445 km NEDC range, RM80k - paultan.org

Finally, the Perodua QV-E is launched. Unveiled by prime minister Datuk Seri Anwar Ibrahim at MITI’s HQ in KL moments ago, this ‘important national agenda’ is billed as the the first 100% Malaysian EV. If …

paultan.org

Launched on December 1st, the QV-E (Quest for Visionary Electric Vehicle) marks as Malaysia's first homegrown EV, as well as Perodua's first homegrown vehicle. Selling at MYR 80k (USD 19k), only one variant is sold with a mandatory Battery-as-a-Sevice (Baas) subscription plan for MYR 275 (USD 67) a month.

Part of the reasons behind the subscription is down to Perodua's 'solution' on tackling the liabilities of an EV's battery, by taking ownership of it from the customers.

Despite the brand's connections to Daihatsu (and by extension, Toyota), the modular platform the car sits on is based on a joint venture between Magna Steyr. Where the Austrian-based firm acted as consultant in Q4 2023. Still, the platform remains an IP owned by the Perodua. Disusscions are still being held with Daihatsu over the sharing of the platform, if the QV-E is successful.

Frankly speaking, aside from the rest of the features debuting in a Perodua (such as a digital rear-view mirror, and a child detection system), the pricing and selling strategy is a hot topic among buyers in the country, for how insane it sounds for a first attempt.

Spoiler: Leasing Disclosures

 

[E_Spori]

It looks good, it reminds me of first generation C-HR. I'm not familiar with prices in Malaysia, but it would be very competitive in Croatia. Do people complain about the BaaS or general price? What are your thoughts?

 

[Hdbd04]

It looks good, it reminds me of first generation C-HR. I'm not familiar with prices in Malaysia, but it would be very competitive in Croatia. Do people complain about the BaaS or general price? What are your thoughts?

The price the QV-E is selling at makes it the 2nd cheapest EV car in the country, behind the Proton e.MAS 5 from RM57k-70k for a 225km or 325km range respectively. Since the QV-E sells at around RM80k (for the body alone), the gas-equivalent model would be:

• Proton Saga (from RM38k-49k)
• Perodua Myvi (A hatchback from RM48k-60k)
• MG MG5 Sedan (at RM98k)
• Toyota Vios (from RM90k-96k)
• Honda City Sedan (from RM84k-RM100k)

From what I see online, and what I feel right now, the brand had made the mistake of not offering a variant that comes with the battery without BaaS. By the calculations from owning the car over the 9-year period, one argue that you're financing a RM100k car instead of a RM80k car. Although this article states:

"The instalment and the lease payment are paid to the bank in one lump sum – the bank will split the amount and pay Perodua on your behalf, so there’s no need to make two separate payments."

If I were in the position to buy it, I would have if an option without the subscription is a choice, and if it has more than two shades of grey to choose for colours. If there's one benefit out of everything, at least the platform the car's using would spawn a smaller & cheaper EV. With a hybrid and range extender in the cards.