Perodua QV-E (short for Quest for Visionary Electric Vehicle) costs from 80,000 ringgit (approximately $19,400) excluding the battery. The thing is, the energy storage here is arranged by subscription and paid for separately.

QV-E is a subcompact crossover and the company's first fully electric self-developed car. Unlike competitors Proton e.MAS 7 and e.MAS 5, which are rebranded Geely models, Perodua has relied on its own platform and invested 800 million ringgit (about $194 million) in development. Work began in 2023 with the Electric Motion Online (EMO) concept model, then the EMO-I prototype appeared in 2024 and the EMO-II concept in December of the same year. By May 2025, the project had grown into a full-fledged prototype, which became the basis for the serial QV-E.

The 4.1-meter-long crossover combines compact proportions and sporty accents. At the front, there is distributed LED lighting, a sculpted hood, and flared fenders. The profile is reminiscent of the previous generation Toyota C-HR and the current Nissan Juke, especially with the glazing line. The front handles are flush with the doors, while the rear ones are hidden in the pillars.

At the back, the sloping roof converges with a wide light strip and an integrated diffuser. The car is equipped with 18-inch wheels and is currently available in only two colors — Ice Blue and Caviar Gray.

Inside, the focus is rather on practicality. Two 10.25-inch panels — instrument and multimedia — cover basic needs without attempts to impress. The raised center console, lighting, and "aluminum-like" inserts add some style, but the overall look remains minimalist. Equipment includes six airbags and a set of driver assistance systems.

Perodua QV-E is built on a modular platform developed with the participation of Magna Steyr. The front-mounted electric motor delivers 204 hp (150 kW) and 285 Nm. Acceleration from 0 to 100 km/h takes 7.5 seconds.

The battery is a lithium iron phosphate unit manufactured by China's CATL with a capacity of 52.5 kWh. According to the NEDC cycle, the range is claimed to be up to 445 km. However, the battery is not included in the price: it is offered by subscription for 275 ringgit ($67) per month on a nine-year contract. According to Perodua CEO Zainal Abidin Ahmad, the Battery-as-a-Service scheme provides a "lifetime warranty on the battery and reduces anxiety related to owning an electric vehicle."

Production will be organized in Malaysia: initially 500 cars per month, with plans to increase production to 3,000 by the third quarter of 2026. Bloomberg notes that by early 2026, the local component share should reach 50 percent, and by 2030, 70 percent.

Source: Bloomberg