Well, the electric vehicle price war has well and truly begun. Just weeks after the BYD Atto 3 received a whopping RM26,000 price cut, Chery has given its Omoda E5 an even bigger rebate as part of its Raya promotion.
The SUV, launched just over a year ago, is now a whopping RM27,000 cheaper at RM119,818 on-the-road without insurance. That’s significantly cheaper than the new Atto 3 Ultra, although that car does have an additional RM5,000 rebate, meaning that it undercuts the Chery slightly at RM119,500 OTR.
One catch is that the deal only covers 2024 units, with cars manufactured this year still retailing at RM146,818. The good news is that, as per the Atto 3 Ultra, the 2024 Omoda E5 is being offered a free AC wallbox charger worth RM3,500 and a free vehicle-to-load adapter worth RM500, along with RM1,000 in JomCharge charging credits. You’ll also be able to charge your car at Chery dealerships for free.
As a refresher, the Omoda E5 is powered by a single front motor that produces 204 PS (150 kW) and 340 Nm of torque, propelling it from zero to 100 km/h in a claimed 7.2 seconds. Top speed is 172 km/h. Meanwhile, a 61 kWh lithium iron phosphate (LFP) battery from BYD provides a range of 430 km on the WLTP cycle.
The car can accept up to 80 kW of DC fast charging power, which can top up the battery from 30 to 80% in 28 minutes. The 9.9 kW triple-phase AC charging capability, impressive during the launch, has since been surpassed by the eMas 7’s support for 11 kW charging; even so, charging times should still be short enough.
This latest race to the bottom started when Proton launched the eMas 7 late last year, priced at RM123,800 for the equivalent Premium spec. The launch promotion included another RM4,000 to drop the price to RM119,800, helping to catapult the Malaysian-badged EV to the top of the sales charts. The first 6,000 customers (initially 3,000, before the national carmaker extended it) will be eligible for this deal, and Proton only sold just over 1,000 units in the first two months of the year, so there’s still time.
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Harga durian runtuh…..china cars ni because they have econ of scale, they can reduce the price easily. Just imagine if there’s no minimum of rm100k imposed by govt….they will surely sell below rm100k. Majority miss out on EV.
No need to pull the trigger yet. These cars are selling way below RM100k back in China. The price war is only beginning
sorry ya Sohai this model is developed for global market, cannot find in china
Wow hahaha very little knowledge of car industry and it’s supply chains ha.. Haha
a good car, but even chery salesmen lazy to push sale for this model, rather push customers to buy tiggo7
congrats on existing owner super fast depreciation
Sawasdee-krub, Meanwhile same car selling selling in thailand for 729000 baht krub
EV Price war stated
I think people who bought any of the Chinese makes should have in mind that there isn’t really any resale value in them. Look at the price drop from all these Chinese makes, Chery, BYD, and soon more to come. Can easily slash more than 20 to 30k. If only the so called legacy car makers can follow suit, the car industry scene in M’sia would be so much more in favor of the buyers…
Based on your palm reading? Data? Kosong?
Lelong lelong mai mai mai