2024 Chery Omoda E5 gets massive RM27,000 rebate, now RM119,818 – free wallbox, RM1k charging credits

Well, the electric vehicle price war has well and truly begun. Just weeks after the BYD Atto 3 received a whopping RM26,000 price cut, Chery has given its Omoda E5 an even bigger rebate as part of its Raya promotion.

The SUV, launched just over a year ago, is now a whopping RM27,000 cheaper at RM119,818 on-the-road without insurance. That’s significantly cheaper than the new Atto 3 Ultra, although that car does have an additional RM5,000 rebate, meaning that it undercuts the Chery slightly at RM119,500 OTR.

One catch is that the deal only covers 2024 units, with cars manufactured this year still retailing at RM146,818. The good news is that, as per the Atto 3 Ultra, the 2024 Omoda E5 is being offered a free AC wallbox charger worth RM3,500 and a free vehicle-to-load adapter worth RM500, along with RM1,000 in JomCharge charging credits. You’ll also be able to charge your car at Chery dealerships for free.

As a refresher, the Omoda E5 is powered by a single front motor that produces 204 PS (150 kW) and 340 Nm of torque, propelling it from zero to 100 km/h in a claimed 7.2 seconds. Top speed is 172 km/h. Meanwhile, a 61 kWh lithium iron phosphate (LFP) battery from BYD provides a range of 430 km on the WLTP cycle.

The car can accept up to 80 kW of DC fast charging power, which can top up the battery from 30 to 80% in 28 minutes. The 9.9 kW triple-phase AC charging capability, impressive during the launch, has since been surpassed by the eMas 7’s support for 11 kW charging; even so, charging times should still be short enough.

This latest race to the bottom started when Proton launched the eMas 7 late last year, priced at RM123,800 for the equivalent Premium spec. The launch promotion included another RM4,000 to drop the price to RM119,800, helping to catapult the Malaysian-badged EV to the top of the sales charts. The first 6,000 customers (initially 3,000, before the national carmaker extended it) will be eligible for this deal, and Proton only sold just over 1,000 units in the first two months of the year, so there’s still time.

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