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Perodua targets EV rollout by end-2025, priced under RM80,000, says CEO

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Perodua targets EV rollout by end-2025, priced under RM80,000, says CEO

AI Summary

Perodua aims to launch its first electric vehicle (EV) in Malaysia by the end of 2025, priced below RM80,000. Initial production at their new Rawang factory will have over 30% local assembly, increasing to over 60% later. Targeting younger buyers and small families, the EV will have a monthly production of 500 units. Perodua emphasizes long-term value, focusing on battery quality and ensuring resale value remains strong even after eight years.

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