Something to cheer about, if you happen to have been eyeing the BMW ActiveHybrid 3 and ActiveHybrid 5. BMW Malaysia has announced that the pricing for both models has been significantly reduced, the reduction brought about the government’s move to extend the Energy Efficient Vehicles (EEV) incentives to cover both AH models.
The cars were officially launched in Malaysia in October last year, and were then priced at RM538,800 in the case of the ActiveHybrid 3 and RM648,800 for the ActiveHybrid 5.
With special exemptions now accorded to them as EEVs, the AH3′s price has been revised to RM398,800, while the AH5 now goes for RM498,800, both on-the-road without insurance, with BMW Service + Repair Inclusive. This lops RM140k and RM150k respectively from the asking price.
Both cars are powered by a N55B30 3.0 litre TwinPower Turbo six-cylinder engine, the same mill used in the 335i and 535i, with 306 hp and 400 Nm for output figures. Paired to it is a 40 kW (55 hp/210 Nm) motor to increase both performance and efficiency, and combined output is 340 hp and 540 Nm.
In a recent statement by the Ministry of International Trade and Industry (MITI), Datuk Seri Mustapa Mohamed said that the EEV forms an important thrust of the to-be-announced revised NAP.
Currently, the 100% exemption for both import duty and excise duty for hybrid vehicles remain in place until Dec 31 this year, but it only covers hybrid cars with 2.0 litre engines and below, so the move beyond that cap in this case is definitely very interesting news.