Perodua increases EV parts localisation, benefits passed to QV-E customers

Quick look:

• Perodua is making progress in localising parts for its EV – the QV-E – with more local suppliers now able to produce the parts and systems.
• With increasing efficiency, the automaker is passing on the benefits to customers by adjusting the price and BAAS package charge.

When Perodua began its EV project, it realised that the initial phase of production would be challenging because of the few local companies that had expertise in EV systems and components. Although there are many local suppliers to the Malaysian auto industry with long experience, their expertise has been in making parts and systems for combustion engined vehicles.

It’s different for EVs which have a greater proportion of electronic systems, and local companies would have to start from scratch or form joint ventures with foreign companies to bring in the expertise.

Prioritising local sourcing
Perodua, as a Malaysian automaker, has always prioritised local sourcing and has been developing the domestic automotive ecosystem. For the EV project, it had to help local vendors acquire the expertise, make the investments and be able to make the required systems in Malaysia.

That initiative has been progressing well and the automaker now reports that there is a major localisation shift in sourcing parts.

“Perodua and its local vendors have been able to manufacture a significant number of parts locally, and this means that we can further protect local jobs while be less dependent on foreign technology and supply chains,” said Perodua President & CEO, Dato’ Sri Zainal Abidin Ahmad said.

“This development is important as we can now build a more resilient inventory of spare parts – especially the car body parts – to ensure that customers can rely on readily available items – produced in Malaysia – when they need it,” he said.

He added that the increase in localisation of parts has further optimised production operations, enabling to increase production of the QV-E to more than 500 units a month.

Passing on benefits to customers
“We are now sharing those benefits with our valued customers,” he said, “and the new price for the QV-E will be RM93,999 to own outright or RM69,999 plus a monthly RM215 (with tax) Battery as a Service (BAAS) package (for 9 years).”

In view of current economic conditions in the country, Perodua is introducing a special price, effective immediately. Until September 30, 2026, the price of the QV-E will be RM87,499 for complete ownership, or RM63,499 with Battery as a Service (BAAS) package, with a monthly fee of RM215 per month (including tax) for 9 years.

The BAAS package offers a comprehensive EV battery package that includes comprehensive protection coverage for the 52.5 kW battery, disposal and replacement of battery, and battery insurance throughout the package’s tenure.

“For those who want to buy the QV-E as an outright purchase, Perodua also offers to buy the battery when comes the time to dispose of the battery,” Dato’ Sri Zainal added.

There’s also good news for those who already have a QV-E: they will be given a special refund and see their monthly BAAS fee reduced to RM215 per month from RM275 previously. The new monthly payment of RM215 will come into effect on their next payment cycle.

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