Chery Omoda E5 now priced RM27,000 lower at RM119,818

The Chery Omoda E5 came with a price tag of RM146,800 when it was launched in Malaysia back in March last year. Now, you can own this electric crossover for under RM120,000.

More specifically, the Omoda E5 is now available at an on-the-road price (excluding insurance) of RM119,818, meaning customers can enjoy savings of RM27,000.

However, hold your horses as this attractive offer coincides with the upcoming Aidilfitri celebrations and is limited to units manufactured only in 2024.

To further sweeten the deal, Chery Malaysia is also including a free wallbox charger valued at RM3,500, a free Vehicle-to-Load (V2L) cable valued at RM500, and RM1,000 in charging credit.

On top of that, owners can also charge their Omoda E5s for free at all Chery dealerships throughout the country.

The Omoda E5 is propelled by a single electric motor on the front axle, generating 201 hp and 340 Nm of torque. The motor gets its juice from a 61 kWh battery pack that promises a driving range of up to 430 km based on the WLTP cycle.

In addition to AC charging at 9.9 kW, the battery supports DC charging of up to 80 kW, which can replenish battery power from 30% to 80% in just 28 minutes.

The EV price war heats up in Malaysia

In addition to the Omoda E5, buyers with the budget of under RM150,000 can opt for the BYD Atto 3 Ultra, which is priced at RM123,800, representing a reduction of RM26,000 compared to the 2024 model. This does not include a cash rebate of RM5,000 for the first 1,000 buyers.

Both models will go toe to toe with the best-selling EV in Malaysia for the month of February, the Proton eMAS 7. This EV is available at a price of RM105,800 for the Prime variant and RM119,800 for the Premium variant, after discounting a cash rebate of RM4,000 offered to the first 6,000 buyers.