Perodua’s revised pricing for the QV-E and its new outright purchase option could help improve demand for the electric hatchback, according to The Star, citing Hong Leong Investment Bank (HLIB) Research.
The QV-E can now be bought outright for RM93,999, or RM87,499 after rebate until Sept 30.
Buyers who prefer the battery subscription route pay RM69,999 for the car, plus RM215 a month for the battery over nine years. The monthly battery fee was previously RM297.
HLIB said the changes address several early hurdles for Perodua’s first EV, including production ramp-up issues, a battery-leasing-only sales model and a relatively high effective ownership cost.
The QV-E has had a slow start. According to the report, cumulative registrations stood at 182 units as at May 2026. That puts it well behind Proton’s e.MAS 5 and e.MAS 7, which had registered 9,569 and 13,899 units respectively.
Perodua has indicated that QV-E production can now be raised to more than 500 units a month.
The report also said HLIB expects MCE Holdings Bhd to benefit if QV-E volumes improve. MCE supplies the model’s infotainment system and other electronic parts, with the QV-E contract worth about RM3,000 per vehicle — roughly 10 times its usual content value per vehicle.
HLIB maintained its “buy” call on MCE and raised its target price to RM2.42 from RM2.38, citing the company’s exposure to higher-value automotive electronics and Malaysia’s EV localisation push.
