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CleanTechnica Reports: The Neta V is Now the Most Affordable EV in Malaysia Following Its Launch

CleanTechnica Reports: The Neta V is Now the Most Affordable EV in Malaysia Following 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 Malaysian company Gofleet. Gofleet will be responsible for assembling the Neta V in Malaysia, which will help to reduce production costs and make the car more affordable for Malaysian consumers.

The launch of the Neta V is a significant milestone for the EV market in Malaysia. It is expected to increase the adoption of EVs in the country, which is a key part of Malaysia’s efforts to reduce its carbon footprint and meet its climate change commitments. The Malaysian government has set a target of having 100,000 EVs on the road by 2030, and the launch of the Neta V is a step towards achieving this goal.

In addition to being affordable, the Neta V is also environmentally friendly. It produces zero emissions, which means that it does not contribute to air pollution or climate change. This is particularly important in Malaysia, where air pollution is a major problem in urban areas.

Overall, the launch of the Neta V is a positive development for the EV market in Malaysia. It provides Malaysians with an affordable and environmentally friendly option for personal transportation, which will help to reduce the country’s carbon footprint and improve air quality. As more automakers introduce their EV models in Malaysia, it is likely that we will see further reductions in the cost of EVs, which will make them even more accessible to Malaysian consumers.