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Homegrown Perodua QV-E EV now in ‘final stage’, on-track for 2025 launch – P2 holds IP for design, platform

Homegrown Perodua QV-E EV now in ‘final stage’, on-track for 2025 launch – P2 holds IP for design, platform

Proton’s affordable EV, the eMas 5, was officially launched yesterday. Perodua bila lagi, some are asking. Perodua president and CEO Datuk Seri Zainal Abidin Ahmad told us on the sidelines of the 2025 Japan Mobility Show in Tokyo that the EV is now in the final stage, and that pilot production has already started at the company’s Rawang base. As such, Malaysia’s first homegrown EV is on track for a 2025 launch, as promised.

Will it be a like-for-like rival to the Proton eMas 5? Malaysia’s first homegrown EV – which could carry the QV-E name – is different in many ways. For one, it’s designed and developed in-house by Perodua (the eMas 5 is a rebadged Geely Xingyuan and the first batch is CBU imported from China), and Zainal says that P2 holds the (IP) intellectual property for the EV’s design and platform.

Yes, platform too – Perodua’s first electric car will use CATL-supplied LFP batteries, but that’s the extent of the Chinese battery giant’s involvement.

Homegrown Perodua QV-E EV now in ‘final stage’, on-track for 2025 launch – P2 holds IP for design, platform

The product itself will be of a different segment, in both size, EV specs and sophistication. The eMas 5’s WLTP range is 225 km for the Prime and a more useful 325 km for the Premium – we can expect around 450 km WLTP range for the Perodua QV-E (real-world range of between 400 to 410 km was previously mentioned), which is a significant step up – in fact, 450 km beats even the eMas 7, which maxes out at 410 km WLTP.

Range aside, Perodua’s performance targets for its EV – 0-100 km/h between six and seven seconds, and a top speed of around 160 km/h – are also streets ahead of the eMas 5, which comes with 0-50 km/h figures instead of the usual 100 km/h benchmark.

The difference in both products is plain to see from the P2 EV’s design, which was previewed in very accurate form (we were showed images of the production car in Tokyo but no pics of the pics were allowed) in the latest eMO concept a.k.a. Aspirations that was revealed in May.

Looking a bit like the Toyota C-HR+ EV that surfaced in March, P2’s electric crossover design is contemporary and should have more universal appeal than the cute look and organic shapes of the eMas 5, which was designed in accordance to China market preferences – rightly so, as the Xingyuan has gone on to be a top-seller in its home market.

Price wise, the Perodua QV-E will not undercut the eMas 5 (RM57k to RM70k with early bird rebates) – expect it to be around the RM80k mark. However, one brave and novel feature is the ‘guaranteed future value’ scheme that Zainal previously mentioned – GFV, used by premium makes such as Mercedes-Benz, will shield buyers from the steep depreciation of EVs. Also not offered by any other EV seller in Malaysia now is P2’s battery leasing scheme.

The point of having a homegrown electric car is also to build up a local ecosystem for EVs, and Perodua is targeting around 50% local content for its EV by the middle of 2026, which is an admirable goal. This most probably won’t include key components such as the battery and electric motor – which will come from China – but there are plans to localise these too. However, sufficient volume is needed before this makes business sense.

Read all about Perodua’s first EV here, and find out more about the recently-launched P-Circle app that its owners will use. Just around the corner now!

GALLERY: Perodua eMO final prototype at MAS 2025

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Perodua > Proton on Oct 31, 2025 at 5:39 pm

    Hidden due to lowcomment rating. Click here to see.

    Poorly-rated. Thumb up 28 Thumb down 218
    • Kiu We Yee on Oct 31, 2025 at 7:05 pm

      Resale price guaranteed thus whoever try selling below there fixed price will gets lessons from thugs wokay

      Thumb up 12 Thumb down 1
    • Jerson8964 on Oct 31, 2025 at 7:07 pm

      Super excited fully booked so cheap only rm89,998

      Thumb up 11 Thumb down 3
    • +1. I really hope they succeed in sticking it to Proton.

      Thumb up 1 Thumb down 1
    • This is as Malaysian as the P2 Watch, made in China but packaged in Malaysia.

      Thumb up 4 Thumb down 0
    • newme usebrain on Nov 01, 2025 at 11:33 am

      for 70k price we can buy excellent mainland EV emas5 , underpinned by reliable CPC engineering, backed by rocksolid aftersales service by Proton,or
      or for extra RM10k more can choose buy the upcoming perodua EV engineered by uuim/uitm/mara/mrsm graduates, and comes without battery. battery not included.

      Thumb up 15 Thumb down 9
    • True. Say no to rebadge model.

      Thumb up 2 Thumb down 5
      • TooGood on Nov 03, 2025 at 8:20 am

        It’s not a rebadge per se, but it’s likely having more % of Chinese techs onboard than P2 is claiming. Owning IPs for design and platform sound amazing, but P2 could’ve bought the IPs from Chinese companies given the very short development time from a company that has no experience with making an EV before. Remember, Apple took 10 years with billions of dollars budget and still failed to produce a self‐designed EV.

        Thumb up 3 Thumb down 1
    • Rtybeng on Nov 01, 2025 at 3:51 pm

      Looking forward to see you as their first ev buyer.

      Thumb up 1 Thumb down 0
  • Sabrina on Oct 31, 2025 at 6:16 pm

    Let somebody else try it first.

    Thumb up 1 Thumb down 0
  • Peppa on Oct 31, 2025 at 8:36 pm

    At least this Perodua is actually worth to join the Merdeka parade LOL

    Thumb up 2 Thumb down 2
  • Curious on Oct 31, 2025 at 8:43 pm

    Honeymoon for too long n complacent wit their sales n now suddenly feel that they r feeling the heat wit the launching of Emas n up coming Saga.

    Thumb up 4 Thumb down 0
  • S K Nayar on Nov 01, 2025 at 8:49 am

    Totally into this car. Great presentation. Kudos to Perodua if this turns out as shown.

    Thumb up 0 Thumb down 2
  • Ban Dai on Nov 01, 2025 at 10:08 am

    that’s good for not rebadging the Kei EV,
    car like Honda N-One Kei kancil size EV is a joke with a top speed of 140km/h and trying to sell RM 80k there,
    same price range like Mazda CX-5 base price at Japan.

    if want to rebadge a eqv Daihatsu/Toyota JDM Kei EV, this would cost a bomb here, and flopped like the HR-V EV?

    Thumb up 2 Thumb down 1
  • Price: RM50,000, plus RM400 battery rental fee.

    Thumb up 5 Thumb down 2
  • RicoT on Nov 01, 2025 at 1:49 pm

    450 km WLTP? Lol! Did the reporter hear wrongly?450km MDC more likely, like what Perodua claimed for their petrol cars fuel efficiency.

    Thumb up 4 Thumb down 1
  • cassey on Nov 02, 2025 at 9:54 am

    Toyota (let alone Perodua) is not as experience in EVs as chinese EV makers, hence Perodua EVs won’t be as good and as cheap. We’re lucky to have rebadge chinese EVs by Proton

    Thumb up 10 Thumb down 2
    • aismen on Nov 03, 2025 at 12:54 am

      No need for EV experiences, there are already Japanese-badged Chinese EVs.

      Thumb up 0 Thumb down 0
    • Mokhtar on Nov 03, 2025 at 8:29 am

      all those years of battery-making and electronics manufacturing in China has made them one of the best in the world right now.

      Thumb up 1 Thumb down 0
    • disable on Nov 03, 2025 at 8:32 am

      I think Perrodua already mentioned this EV has nothing to do with Toyota. It is Malaysian design (collaboration with local university and industry). So I am looking forward for it, but not for the sales if it is not priced nicely.

      Thumb up 3 Thumb down 0
  • Bel Jin on Nov 02, 2025 at 9:01 pm

    Rumours say it Perodua EV project is actually developed by Dream Edge, not an inhouse programme. Well, maybe a little bit. But not fully.

    Thumb up 1 Thumb down 1
    • BUKIT on Nov 03, 2025 at 12:19 pm

      P2 top management went to Italy during initial stage…you can find this news in the internet.
      They work with Magna Steyr i think, and if not mistaken…this Magna Italy sub to their China team for the design and development.
      Just want to say…good luck to P2 for this EV model.
      In this fast moving automotive world and the wave of China EV models flooded in the market, P2 need to do something and act fact. Otherwise, P@ also will kena “makan” with all these China OEM.

      Thumb up 1 Thumb down 0
  • Kenny on Nov 03, 2025 at 9:57 am

    The battery rental fee will make or break Perodua’s first EV. Such a pricing model has never been tried before. Consumers buy EVs to save on petrol. They won’t bite if the battery rental is more than their petrol. On top of that they have to pay for charging. Perodua’s rationale that not including the battery will raise resale value may be misplaced. Second hand buyers aren’t the type who want to pay a monthly rental for the battery.

    Thumb up 2 Thumb down 0
    • Ajibkor sipping Starbucks machiatto with kajang satay on Nov 03, 2025 at 2:31 pm

      Hello,it is like buying a house,got to pay rental somemore on it. Sounds a bit weird ,right?
      Perodua,better concentrate on providing cheaper ICE cars by offering huge price cuts.

      Thumb up 2 Thumb down 0
  • davenport on Nov 03, 2025 at 2:06 pm

    Let’s be real for a second.

    Are we supposed to believe a small carmaker like Perodua, who has, in the 30 odd years that it has existed, never developed a single car from the ground up, is suddenly able to develop an EV platform and drivetrain from scratch with no outside engineering support?

    VW, GM, BMW, Toyota….. automotive giants with vastly, vastly more resources, is still trying to get their EVs right, but we are sure P2 is able to do it in 2 years, alone, with no outside help other than CATL who, according to P2, only supply the battery and nothing else.

    And to top it all of, they are able to build it to a price of a mere RM80k.

    Am I the only one who smell the BS here?

    Thumb up 5 Thumb down 1
  • Anonymous_C on Nov 03, 2025 at 2:54 pm

    RIP Project Perodua D66B

    Thumb up 2 Thumb down 1
 

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