Perodua to produce EV by October


Perodua president and CEO Datuk Seri Zainal Abidin Ahmad.

SERDANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to finalise production of electric vehicles (EVs) by October, with plans to market them by the end of this year.

President and chief executive officer Datuk Seri Zainal Abidin Ahmad said the EVs would be over 30% locally assembled at its new factory in Rawang, Selangor with a price of below RM80,000 each.

“But after a few months of production, with the localisation of critical components, we hope to increase the local assembly content to over 60%,” he told a press conference after unveiling the EV prototype during the Malaysian Autoshow 2025 here yesterday.

Zainal Abidin said the EVs, with an expected monthly production of 500 units, would be targeted at young buyers and small families who would benefit from an affordable car.

He also stressed that the model’s long-term value was a key priority, particularly regarding battery quality and resale price.

“If people buy an EV but are not confident about its battery quality, the car’s value will drop after eight years.

“So, we are ensuring that even after eight or nine years, the car will still retain its value because we control the battery quality. You can always get a new battery from us,” he said. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Covered but still exposed
Auction market rising
Why some homes rot faster
Perlis Inland Port to contribute to US$30bil Malaysia-Thailand trade target
Hormuz gloom for European stocks
Asia-Pacific debt markets gain traction
Shifting to a lower gear
Sobering times for alcohol industry
Climate tech latest investment play
Oriental Kopi’s quick profit dip highlights challenges in F&B sector

Others Also Read