Perodua Lowers QV-E Price, Offers Outright Purchase

Perodua QV-E: Price Reduction and Outright Purchase Option

The Perodua QV-E is a battery electric vehicle (BEV) manufactured by Perodua, Malaysia's largest automotive company. It addresses the need for an affordable, locally produced electric car for urban commuters. Perodua announced a price adjustment and introduced a direct purchase option, eliminating the previous mandatory battery subscription model.

Key Facts

What Is the New Perodua QV-E Pricing and Purchase Option?

The Perodua QV-E now offers a direct purchase price of RM 89,000, down from RM 100,000 when bundled with a battery subscription. This change eliminates the recurring monthly fee of RM 350 for the battery, allowing customers to own the entire vehicle outright. The price reduction reflects Perodua's strategy to increase EV adoption by lowering upfront costs.

According to the Lowyat.net report, the previous pricing model required a separate battery rental agreement. The new outright purchase option simplifies ownership and reduces total cost of ownership over five years by approximately RM 21,000, based on the subscription savings. The Perodua QV-E outright purchase price of RM 89,000 represents an 11% reduction from the previous bundled price of RM 100,000.

How Does the Outright Purchase Option Affect Total Cost of Ownership?

The outright purchase option removes the monthly battery subscription fee of RM 350, which previously added RM 4,200 per year. Over a five-year ownership period, the total cost under the old model was RM 100,000 plus RM 21,000 in subscription fees, totaling RM 121,000. The new outright purchase at RM 89,000 saves RM 32,000 over five years.

Perodua's CEO, Dato' Sri Zainal Abidin, stated:

"We listened to customer feedback and decided to offer a simpler, more transparent ownership experience. The outright purchase option gives buyers full control of their EV investment." — Lowyat.net, March 2026

Over five years, the outright purchase option saves RM 32,000 compared to the previous battery subscription model.

Who Is This For?

The Perodua QV-E outright purchase option is designed for Malaysian urban commuters who want to own an electric vehicle without recurring battery fees. It suits buyers who plan to keep the car for more than three years and prefer a single upfront payment. The price reduction also targets first-time EV buyers who were deterred by the previous subscription model.

Compared to competitors like the BYD Dolphin (RM 100,000) and the Nissan Leaf (RM 165,000), the QV-E at RM 89,000 is the most affordable BEV in Malaysia. The table below summarizes the comparison:

The Perodua QV-E at RM 89,000 is the lowest-priced battery electric vehicle available in Malaysia as of March 2026.

Common Questions

Does the new outright purchase option include the battery warranty?

Yes, the battery is covered by an 8-year or 160,000 km warranty, identical to the previous subscription model. The warranty transfers with the vehicle upon resale.

Can I still choose the battery subscription model after the price adjustment?

No, Perodua has discontinued the battery subscription option entirely. All new QV-E purchases are now outright only, at the reduced price of RM 89,000.

How does the price reduction affect government EV incentives in Malaysia?

The RM 89,000 price remains below the RM 100,000 threshold for full import duty and excise duty exemptions under Malaysia's National EV Policy, so buyers still qualify for the same incentives.

Sources and Methodology

This article is based on the Lowyat.net report titled "Perodua Lowers QV-E Price, Offers Outright Purchase" published in March 2026. Additional specifications and pricing data were sourced from Perodua's official press release (perodua.com.my). Currency values are in Malaysian Ringgit (RM). No currency conversion was applied. This article was last updated on March 15, 2026.