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Perodua QV-E slashes price to RM63,499 with battery included or RM87,499 to own outright

Perodua has cut the entry price of its QV-E electric vehicle to RM63,499 including a battery lease or RM87,499 for full ownership, ending a leasing scheme that drew criticism when the model launched in June at RM80,000…

Source: Paul Tan's Automotive News · July 29, 2026 at 6:54 AM · AI-assisted report

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Perodua QV-E slashes price to RM63,499 with battery included or RM87,499 to own outright
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Photo: giuseppe.costantino via flickr (BY)

KUALA LUMPUR, 29 JULY 2026 —

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Perodua has cut the entry price of its QV-E electric vehicle to RM63,499 including a battery lease or RM87,499 for full ownership, ending a leasing scheme that drew criticism when the model launched in June at RM80,000 without the battery.

Market Impact

The rebate driving the change is RM6,500 and expires at the end of September, according to the company’s revised pricing sheet. Under the old plan, buyers paid RM275 a month plus tax for nine years to use the battery but never owned it. Perodua now offers immediate ownership at RM87,499 or the lease route at RM215 a month for nine years, tax included.

The 52.5-kWh QV-E delivers 204 PS, 285 Nm and a 370 km WLTP range, with a 7.5-second 0–100 km/h time and a 165 km/h top speed. DC fast charging at 60 kW takes 30 minutes from 30% to 80%, while AC charging at 6.6 kW reaches full capacity in eight hours, the manufacturer’s specs show.

Analysts say the price cut positions the QV-E between the Proton eMas 5 at RM57,000–RM70,000 and the eMas 7 at RM97,000–RM119,000, creating direct competition that may shift buyer preferences. The QV-E undercuts the eMas 5 on power and acceleration but trails it on charging speed, reversing the usual roles of Perodua’s value focus and Proton’s local engineering.

Perodua has not released sales figures since the relaunch. The carmaker declined to comment on how the revised pricing affects margins, citing an ongoing embargo on financial details.

Related: Google

Reporting based on Paul Tan's Automotive News. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

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