CleanTechnica Reports: The Neta V is Now the Most Affordable EV in Malaysia After Its Launch
The electric vehicle (EV) market in Malaysia has been growing steadily over the past few years, with more and more automakers introducing their EV models in the country. However, the high cost of EVs has been a major barrier to their widespread adoption in Malaysia. But now, with the launch of the Neta V, Malaysians have access to the most affordable EV in the country.
The Neta V is a compact electric hatchback that is manufactured by China’s Changan Automobile. It was launched in Malaysia in August 2021 and is priced at RM 59,800 (approximately USD 14,000). This makes it significantly cheaper than other EVs available in Malaysia, such as the Nissan Leaf and the Hyundai Kona Electric, which are priced at around RM 180,000 (approximately USD 42,000) and RM 150,000 (approximately USD 35,000), respectively.
The Neta V is powered by a 33.1 kWh lithium-ion battery pack that provides a range of up to 312 km on a single charge. It has a top speed of 120 km/h and can accelerate from 0 to 100 km/h in 11.5 seconds. The car also comes with a range of features such as a touchscreen infotainment system, automatic climate control, and a rearview camera.
One of the key factors that have enabled Changan Automobile to price the Neta V so competitively is its partnership with local company Gofleet. Gofleet is responsible for assembling the Neta V in Malaysia, which helps to reduce the cost of importing fully assembled cars from China. This also means that the Neta V qualifies for the Malaysian government’s Energy Efficient Vehicle (EEV) tax incentive, which further reduces its price.
The Malaysian government has been actively promoting the adoption of EVs in the country, and the launch of the Neta V is a significant step towards achieving this goal. The government has set a target of having 100,000 EVs on Malaysian roads by 2030, and the availability of affordable EVs like the Neta V is expected to help achieve this target.
The launch of the Neta V has also been well-received by Malaysians, with many expressing their interest in purchasing the car. The affordability of the Neta V is particularly appealing to Malaysians who are looking for a cost-effective and environmentally friendly mode of transportation.
In conclusion, the launch of the Neta V is a significant development in Malaysia’s EV market. Its affordability and range make it an attractive option for Malaysians who are looking to switch to electric vehicles. With the government’s support and the availability of affordable EVs like the Neta V, Malaysia is well on its way to achieving its goal of having 100,000 EVs on its roads by 2030.
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- Source: Plato Data Intelligence: PlatoData