Hey, car lovers and money savers! I recently ran a real-world test comparing Electric Vehicles (EVs) and petrol cars in Malaysia—and trust me, the results were surprising. 😲
I own both a petrol car and an EV, so I crunched the numbers—electricity rates, petrol prices, maintenance, everything. By the end of this, you'll know exactly which car saves you more money and whether switching to an EV is worth it.
⚡ EV Adoption in Malaysia is Growing
Five years ago, EVs were mostly luxury rides—think Tesla, BMW, or BYD. Today, brands like Proton are offering entry-level EVs like the Proton EMAS 5, starting at just RM56,800. Compare that to a petrol hatchback, and suddenly EVs aren’t just for the rich—they’re practical AND affordable.
💰 Cost Breakdown: EV vs Petrol
Let’s compare a Proton EMAS 5 (EV) vs a B-segment hatchback (petrol):
EV Battery: 40.16 kWh → Full charge ≈ RM21.60
Petrol Tank: 36L → Full tank ≈ RM71.60
Result: Driving an EV costs about 1/3 of the petrol cost for the same distance.
Assuming you drive 1,500 km/month:
Petrol car: RM270/month
EV: RM100/month
✅ That’s RM170 saved every month (~RM2,000/year) just on fuel!
🛠 Maintenance Costs: Petrol vs EV
Petrol cars need engine oil, spark plugs, gearbox servicing, brake pads, and more. EVs? Much simpler. Most EV servicing is just inspection.
Petrol: RM800–1,000/year
EV: RM270/year
💡 You save around RM700/year, and your brakes last longer thanks to regenerative braking!
⏰ Time is Money Too
No more weekly petrol station stops! Just plug in your EV at home overnight, wake up to a fully charged car, and enjoy the extra 1–2 hours saved every month.
⚠️ Upfront Costs of EVs
Yes, there are some initial costs: wall charger installation (~RM2,500–5,000), but for the Proton EMAS 5, the wall box is included! Plus, there’s EV charger tax relief up to RM2,500 until 2027.
🔌 Smart Charging Tips
Charge during off-peak hours (10 PM–2 PM the next day) to cut electricity costs to just 44 cents/kWh, saving even more money while helping balance the national grid. Public chargers are also getting cheaper and more accessible.
🏎 The Joy of Driving an EV
EVs are quiet, smooth, and require less maintenance stress. No engine noise, no vibrations—just a peaceful, luxurious ride at an entry-level price.
💸 Total Savings You Can Invest
Fuel savings: RM2,000/year
Maintenance savings: RM700/year
Total: RM2,700/year
If you invest that RM2,700/year at 5% annual return, in 10 years you could save nearly RM39,000! That’s not just savings—it’s financial freedom. 💵
🏁 Final Verdict
EV ownership in Malaysia is now practical, affordable, and financially smart. For me, owning both, I can confidently say: EV = less stress, more savings, more fun!
So, which team are you? Team EV ⚡ or Team Petrol ⛽?
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