
Battery-as-a-Service in Malaysia: How Perodua’s BaaS Strategy Changes EV Ownership
Perodua is set to reshape Malaysia’s electric vehicle market with its first locally developed EV and the groundbreaking Battery-as-a-Service (BaaS) model. By separating battery costs from vehicle ownership, the new model brings EV prices below RM80,000 and removes key barriers like battery degradation concerns and high upfront costs. With production starting in late 2025, this could be a turning point for Malaysia’s green mobility ambitions.