Car Buyer's Guide

Overview

The iCaur V23 is a B-segment electric SUV with retro-styled positioning, four seats and a single-ratio automatic transmission. It suits buyers who want a compact EV with SUV stance rather than a conventional hatchback shape. The Malaysian range starts at RM119,800 for the 2WD, with a higher-spec iWD above it.

V23 in 2026 — what's new

For 2026, the iCaur V23 range continues with the 2WD and iWD variants, while a Malaysian-arrival teaser points to a CKD model. The Retro Edition pack adds chrome exterior trim and is priced at RM18,888 for the first 88 customers. The V23 has also secured a five-star ASEAN NCAP safety rating under the outgoing 2021-2025 protocol.

Variants (2)

RM119,800–RM132,800 · est. from RM1,225/mo

Which variant to buy

The 2WD costs RM119,800 and gets a 59.93 kWh battery, 360 km range and 134 hp, so it is the sensible pick if the V23’s shape and size are the main draw. The iWD costs RM132,800. The RM13,000 gap buys the larger 81.76 kWh battery, 430 km range and 208 hp, so pay more if you want the extra range and stronger output.

Colours

across the range — availability varies by variant

  • Army Green Metallic
  • Carbon Crystal Black Metallic
  • Gravel Grey Metallic
  • Khaki White Metallic
  • Off-road Orange Metallic
  • Slate Silver Metallic

Verdict

The V23 is not the cheapest electric SUV in its class: the Perodua QV-E, Seres 3 and BYD Atto 2 all start below it, while the Aion Y Plus and iCaur 03 match its entry price. What it does have is a two-variant range with a clear battery and output step-up, plus a five-star ASEAN NCAP result. The Retro Edition pack is a styling spend, not a mechanical upgrade.

Buying a new V23? Sell your old car, get paid in 24 hours

Rivals to consider

same class, similar money

iCaur V23 FAQ

How much is the iCaur V23 in Malaysia?

The iCaur V23 costs RM119,800 for the 2WD and RM132,800 for the iWD in Malaysia.

Which iCaur V23 variant should I buy?

Buy the 2WD if you want the lower entry price. Choose the iWD if the 430 km range and 208 hp output matter more than saving RM13,000.

What is the driving range of the iCaur V23?

The 2WD has a 360 km range from a 59.93 kWh battery. The iWD has a 430 km range from an 81.76 kWh battery.

Does the iCaur V23 have a safety rating?

Yes. The iCaur V23 has a five-star ASEAN NCAP safety rating under the outgoing 2021-2025 protocol.

Latest iCaur V23 news