
iCaur V23
Launched
RM119,800–RM132,800
Overview
The Aion Y Plus is a first-generation, B-segment electric SUV launched in Malaysia in 2024. It suits buyers looking at a five-seat EV with a 63.2 kWh battery, 430 km stated range and 201 hp motor, without stepping into larger and pricier electric SUVs. Prices start at RM119,800 for the Elite.
For 2026, the Aion Y Plus carries on unchanged. The range remains the Elite and Premium, both using the same 63.2 kWh battery, 430 km range rating, 201 hp output, single-ratio automatic drive and five-seat layout. The latest movement has been around 2025 offers, including the Anniversary Mega Offer and Raya free-instalment campaign, rather than a facelift or specification change.
RM119,800–RM135,800 · est. from RM1,225/mo
Which variant to buy
Most buyers should start with the Elite at RM119,800. The Premium costs RM135,800, so the RM16,000 gap does not buy a larger battery, longer stated range, more power or extra seats based on the core specs. On paper you are paying for trim, not mechanicals — check the equipment list, and move up only if the Premium adds cabin or convenience kit you actually want.
Key specs
Key specs
The Y Plus is easy to understand: one battery, one motor output and two trim levels. Its 430 km range rating and five-seat layout give it a clear family-EV brief, but pricing needs a plain reading. Perodua QV-E at RM80,000, Seres 3 at RM95,000 and BYD Atto 2 at RM100,000 all start lower; the iCaur V23 and iCaur 03 start at the same money.
What a used Y Plus holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.
| Year | Trade guide | Typical asking | Holds |
|---|---|---|---|
| 2026 | RM127,800 | — | 100% |
| 2025 | RM100,450 | — | 79% |
| 2024 | RM77,100 | — | 60% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
same class, similar money
The Aion Y Plus costs RM119,800 for the Elite and RM135,800 for the Premium. Previous 2025 campaigns advertised lower promotional figures, including RM95,800 and RM104,000-to-RM120,000 offers.
Buy the Elite unless the Premium’s equipment list has specific cabin or convenience features you want. Both variants share the 63.2 kWh battery, 430 km range rating, 201 hp output and five-seat layout.
Both variants use a 63.2 kWh battery with a 430 km WLTP range rating. Output is 201 hp, delivered through a single-ratio automatic drivetrain.
It is not the cheapest. The Perodua QV-E starts at RM80,000, the Seres 3 at RM95,000 and the BYD Atto 2 at RM100,000. The iCaur V23 and iCaur 03 match its entry price.