Neta Auto Malaysia (Intro Synergy) has just released a statement today, denying a photo shared on social media indicating the Neta V electric vehicle (EV) carrying a price tag of RM79,800 as untrue. Intro Synergy has also mentioned that it will be officially announcing the Neta V’s retail price during a launch ceremony scheduled next month (September 2023), along with attractive package offers.
The photo was taken at a roadshow booth held at a shopping mall, and the indicated retail price in the photo took the public by surprise and made them wonder if the restriction of selling CBU EVs under RM100k was actually removed by the Malaysian government. However, as stated by Intro Synergy, the price tag displayed was a mistake by the dealer and will be removed accordingly.
The Neta V first made its Malaysian “soft launch” in May this year at the Malaysia Autoshow 2023. Offered in one variant only, the Neta V carried a price tag of RM99,800, on-the-road without insurance.
A special promotion worth RM10,000 of cash rebate was also given to the first 100 customers who placed a booking for the EV at the motor show. This effectively brought the Neta V’s price tag down to RM89,800.
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Dimensions-wise, the Neta V is just about as big as the Perodua Ativa. It is powered by a front-mounted single electric motor, pushing a total of 95 hp and 150 Nm to its front wheels. The car is claimed to be able to sprint from 0-50 km/h in 3.9 seconds and achieve a top speed of 120 km/h.
Thanks to a 38.5 kWh battery, the Malaysian-spec Neta V is able to carry you as far as 380 km (NEDC) on a single charge. And when it runs out of juice, the Neta V can be charged up at a rate of 100 kW DC, which can juice up the car from 30-80% in under 30 minutes. The compact EV also comes with an onboard 6.6 kW AC charger, which will take around eight hours to fill up the Neta V’s entire battery.
Currently, the Neta V’s closest competitor in Malaysia, price point-wise will be the newly launched BYD Dolphin EV hatchback, which is offered at a starting price of RM100,530 (OTR, without insurance) for its Dynamic Standard Range variant. With competition in the EV market getting stiffer, will we see a reduction in price for the Neta V when it officially launches next month? We will have to wait and see.
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