MG ZS EV now available for RM99,999: The cheapest electric SUV in Malaysia

26k discount, people.

https://soyacincau.com/2024/11/05/mg-zs-ev-...uv-in-malaysia/

Good article with the comparison table on EV SUVs available in Malaysia. Only Xpeng G6 and Tesla Model Y is missing.
IMO the MG ZS EV is too old, smaller range, smaller size, based on multi-power platform (not pure EV platform) and too basic, but the new price is very good value for money. IMO MG waited too long to adjust their prices and they now face the risk of missing the boat completely. The Atto 3 at around RM120k will likely sell better but many people will now wait for Proton eMas 7 and if the price is good, they will likely pay more for it as it is a better vehicle all around anyway.

For what it is worth, I hope it will start more rounds of price cuts for others.

MG is dubbed the undisputed kilowatt-per-dollar king in Australia

https://www.carsales.com.au/editorial/detai...d-mg-zs-147042/

While in Thailand , they announced extended lifetime warranty for four models: MG4 Electric, MG Maxus 9, MG Maxus 7 and the new MG Cyberster.
The extended lifetime warranty is for High-Voltage Battery, Electric Drive Unit and Power Electronic Bloc

Source: https://www.bangkokpost.com/business/motori...for-four-models. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip.

Yup, there is bound to be more price cuts especially after Proton confirm the prices for the two emas 7 variants. But it will be better for everyone if there are more players that do well in our market. Right now it seems like only BYD and Tesla are doing good numbers. BMW also seems to be doing well in the premium segment.

Xpeng is also doing well but from the way Bermaz is doing things can clearly see that they don't want to invest much into it because they know it will not sell once 2026 rolls in due to the end of CBU tax exemption. Bermax is well known for abandoning their brands like what they did to Kia and Peugeot, so I would expect no support for parts and repairs in a few years.

The rest seem to be selling in very small numbers which will make it difficult to keep their service centres running beyond 2026.

More expensive than Tesla because need to buy 2.

Geely: Once drivers try EVs, they won't go back to petrol cars
By Bernama
November 6, 2024 @ 11:48am


HANGZHOU: Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.

Geely Holdings Group's global communications lead, Ashley Sutcliffe, said that once drivers switch to EVs, "they won't go back to petrol," underscoring the market's transformative potential.

"It's like buying a car and then going back to a horse. It's really uncomfortable. I easily drove 3,000 kilometres on a road trip, and the electricity bill was 415 yuan (about RM255). In a petrol car, that would have been at least 1,500 yuan.

"Petrol here is twice the price of Malaysia, making it very expensive to use," he told Malaysian reporters recently.

The media delegation's visit to Geely's headquarters was part of the Malaysian Media Visit Programme to China, organised by the Malaysia-China Friendship Association (PPMC) to mark the 50th anniversary of diplomatic relations between the two countries.

Sutcliffe revealed that EVs have accounted for 53 per cent of China's monthly car sales in recent months, equivalent to around two million units each month—a sign of rapid public acceptance and rising demand.

He noted that this surge is driven by extensive charging infrastructure and affordable prices.

Early EV models priced at 500,000–600,000 yuan are now available for as low as 30,000 yuan, making them accessible to a broader market and fuelling their popularity.

"So, once you have the scale, the price drops down, adoption goes up," he said.

Malaysia's EV market, he added, while still in its infancy, holds promise.

The government's National Energy Transition Roadmap (NETR) aims for EVs to make up 80 per cent of the nation's industry volume by 2040, with plans to establish 10,000 charging stations by 2025 and increase EV numbers to 500,000 by 2030.

Sutcliffe believes Malaysia's renewable energy resources, such as solar, wind, and hydro, will ease EV infrastructure development.

"I believe this country will be a new energy leader in the future," he said, citing Malaysia's renewable energy potential.

He also stressed the importance of government initiatives in kickstarting infrastructure, adding, "Once the government gives that first push, the stone just keeps rolling."

– BERNAMA

https://www.nst.com.my/news/nation/2024/11/...ack-petrol-cars

There is no turning back

Yes...! EV powertrain is 

Driving a BEV for months now, almost time to renew insurance too. No turning back, now surveying for an affordable BEV for wife. So far e.MAS 7 is my top pick, but my wife is allergy towards the kucing logo  need to continue persuading her... 

Cars Bikes Trucks
Chery Auto Malaysia rolls out first locally assembled OMODA E5 electric vehicle
By Adie Zulkifli
November 9, 2024 @ 12:59am

KULIM: Chery Auto Malaysia has rolled-off the first Completely Knocked Down (CKD) unit of the OMODA E5 from Inokom Plant here, the Chinese automaker's first fully electric vehicle for the Malaysian market.

Chery Auto Malaysia president Leo Chen said the accomplishment demonstrates Chery's commitment to improving local manufacturing capabilities, promoting Malaysia's industrial growth, and contributing to the country's transition to a sustainable, electrified automotive future.

He said the OMODA E5, known for its modern design and advanced technology, represents Chery's dedication to delivering high-quality vehicles tailored to the preferences of Malaysian consumers.

"Today's roll-off of Chery's first CKD unit of the OMODA E5 is a testament to our dedication to innovation, quality, and our commitment to the Malaysian market.

"By assembling our cars locally, it not only allows us to provide more competitive pricing but also signifies Chery's long-term commitment in Malaysia, fostering job creation and skill development within the local workforce," he said after the launching ceremony by Deputy Minister of Investment, Trade and Industry Ministry (MITI) Liew Chin Tong.


Present was Sime Darby Bhd group chief executive officer Datuk Jeffri Salim Davidson.

Chen added that the initiative is in-line with the government's policy of localisation compliance and will support and assist Malaysia to become a regional hub for electric vehicles.

In his speech, Liew remarked that the launching of Chery OMODA E5 is a milestone in Malaysia's automotive industry.

"As of 30 September 2024, there are 32,543 Battery Electric Vehicles (BEVs) registered on Malaysian roads. However, 98% of these BEVs are imported as Completely Built-Up (CBU) units.

"Before this, only Volvo and Mercedes-Benz assembled EVs locally. With today's launch, Chery becomes another brand to assemble EVs in Malaysia, marking a significant step forward to localise EV production.

"Localising as much as possible in terms of manufacturing of vehicles has a balance of payment dimensions.

"Chery should be congratulated for the fact that 99% of their assembly workforce here are Malaysians," he said.

Liew added that the industrialisation of Malaysia must mean better jobs and better pay for Malaysians, not more jobs for unskilled foreign workers.

"Whenever possible, we should automate more and use more technology, instead of hiring unskilled foreign workers," he said....

https://www.nst.com.my/news-cars-bikes-truc...assembled-omoda
So In comparison: Proton and Perodua are slow poke.

Yeah, Chery seems to be the most serious China carmaker in terms of how it views the Malaysian market. They are even releasing a lot of new vehicles albeit mostly ICE. It's good to see that at least 1 China company is taking us seriously. Looking at how things are going, the rest (BYD, MG, Xpeng) don't plan to be here long term since they don't have any plans to CKD their vehicles. So 2025 will be the last year their vehicles will be price competitive. The most obvious one is Bermaz with Xpeng, they don't even bother to prepare brochures and only had 2 outlets upon launching. Quite obvious that they fully expect it to be a hit and run market and don't plan on investing too much.

It’s an affordable electric car compare to other brand. Quality don’t know yet

I thought it should be priced below 100k and I am willing to buy it. I wont touch it now that it is priced above 100K

Yeah, Chery seems to be the most serious China carmaker in terms of how it views the Malaysian market. They are even releasing a lot of new vehicles albeit mostly ICE. It's good to see that at least 1 China company is taking us seriously. Looking at how things are going, the rest (BYD, MG, Xpeng) don't plan to be here long term since they don't have any plans to CKD their vehicles. So 2025 will be the last year their vehicles will be price competitive. The most obvious one is Bermaz with Xpeng, they don't even bother to prepare brochures and only had 2 outlets upon launching. Quite obvious that they fully expect it to be a hit and run market and don't plan on investing too much.

BYD & MG already have CKD line in Thailand where the volume is much higher than here and can even supply to the entire SEA region. Why, want to spend some huge amount of money again in a low volume country? And looking at what incentives the silly government is giving (or not giving) here, why would they bother?

Rm100k plus we have wide variety of choices

BYD & MG already have CKD line in Thailand where the volume is much higher than here and can even supply to the entire SEA region. Why, want to spend some huge amount of money again in a low volume country? And looking at what incentives the silly government is giving (or not giving) here, why would they bother?