
iCAUR makes bold Malaysian debut with electric off-road SUV lineup
MARKING its official entry into the Malaysian market, iCAUR, a new off-road New Energy Vehicle (NEV) brand, has launched at the Malaysia Autoshow 2025, becoming the first ASEAN country to welcome the brand following its global unveiling at Auto Shanghai last month.
A product of collaboration between Chery and SmartMi Tech, iCAUR aims to redefine the off-road electric SUV landscape with a brand ethos centred around innovation, connectivity, and youthful dynamism. The company is targeting adventurous drivers and urban trendsetters, promoting its vehicles as more than just modes of transportation–positioning them instead as extensions of personal identity and lifestyle.
iCAUR Malaysia's Vice President, Emily Lek, stated that the company had established a strong presence in the country and would continue expanding by leveraging its expertise in next-generation mobility solutions and new energy technologies.
At the centre of iCAUR's local introduction is the preview of three fully electric SUVs: the 03, 03T, and V23. These left-hand drive (LHD) units, currently bearing iCAR branding, were showcased ahead of their right-hand drive market launch. Leading the initial wave is the iCAUR 03, scheduled for release in Malaysia by the third quarter of 2025.
The iCAUR 03 is designed to balance urban utility with rugged capability. It embraces the brand's distinctive 'i-BOX' design language and is offered in two variants: a 2-Wheel Drive (2WD) and an Intelligent Wheel Drive (iWD) configuration. The 2WD model is powered by a rear-mounted 135kW motor, delivering 220Nm of torque, supported by a 65.7kWh lithium iron phosphate (LFP) battery with an NEDC range of up to 426 kilometres.
The iWD variant, tailored for more demanding conditions, includes a front axle motor for a combined output of 205kW and 385Nm of torque. It is equipped with a slightly larger 69.8kWh battery, capable of delivering 418 kilometres of driving range under the NEDC cycle.
Technological innovation underpins the iCAUR 03, which incorporates three proprietary suites: iCARE, iBRAND, and iROAD. The iCARE suite includes a high-strength aluminium multi-cage body structure and underfloor battery shielding, optimised for crash protection. The iROAD system enhances terrain adaptability with six driving modes, offering confidence across city streets and rugged trails alike.
The iBRAND suite emphasises cabin refinement, integrating features such as a 12-speaker INFINITY audio system and a 540-degree 'Transparent Chassis' camera that boosts all-terrain visibility. Occupants benefit from a digitally immersive interior, with a 15.6-inch central display and a 9.2-inch driver information cluster powered by the i-VA interface.
Safety remains a priority, with the iCAUR 03 supporting Level 2.5 autonomous driving through features like Adaptive Cruise Control, Emergency Lane Assist, and Traffic Jam Assist. Fast charging capability is also available via 80kW DC charging, enabling the battery to recharge from 30 to 80 percent in 30 minutes—ensuring flexibility for daily commutes and weekend getaways.
Registrations of interest for the iCAUR 03 are now open in Malaysia, with a refundable deposit of RM1,000. The 2WD model is priced from approximately RM145,000, while the iWD variant is expected to retail around RM155,000. Customers who place their orders during the Malaysia Autoshow will receive a limited-edition scale model of the iCAUR 03 upon delivery later this year.
Complementing the main model, iCAUR also previewed the V23 and 03T SUVs. The V23 merges traditional off-roading design with modern electric drivetrain configurations, promising versatility across both urban and outdoor environments. The 03T, on the other hand, is designed to exude presence in urban landscapes, boasting a bold and assertive stance.
In a show of confidence in the Malaysian market, iCAUR also confirmed the appointment of eleven dealership partners across the country, with plans to continue expanding its sales and service network.
Emily Lek underlined the importance of the launch, describing it not only as the arrival of a new automotive brand but as a declaration of intent to shape a smarter, more expressive driving future.
Visitors can explore the full iCAUR line-up at Booth A07B, Hall A, MAEPS Serdang, from 9 to 15 May 2025 during the Malaysia Autoshow 2025.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
an hour ago
- The Star
Food importers worry about added cost
PETALING JAYA: As the government moves to impose a 5% sales tax on a wider range of imported food, local importers warn that the rising costs will ultimately be borne by Malaysian consumers and could affect healthy eating habits. Chef Sivaji, a salmon importer and smoked salmon manufacturer in Malaysia, has voiced his concern over the decision to raise the Sales and Service Tax (SST) on imported salmon and cod. 'If 1kg of salmon costs RM35, with the 5% SST that's an extra RM1.75 in tax. So, for a 5kg fish, we're paying RM8.75 to the government. 'On top of that, there are already so many other taxes. Now, the government has decided to tax healthy food like salmon,' he said. He said the new tax will ultimately be passed on to consumers. 'The taxes will be paid by consumers,' he said, adding that this will make salmon and cod more expensive at retail level. Chef Sivaji urged the government to support the industry, noting that Malaysia is a relatively


The Star
an hour ago
- The Star
Malaysia can lead in medicine security in Asean
THE recent declaration by Asean member states to bolster regional drug security, particularly under the Asean Drug Security and Self-Reliance (ADSSR) initiative, is a significant and commendable step forward. This commitment, adopted during the 46th Asean Summit under Malaysia's 2025 Chairmanship, resonates deeply with the Malaysian pharmaceutical industry, which is well equipped to contribute significantly to this regional aspiration, particularly through its strength in high-quality generics and biosimilars manufacturing.


The Star
3 hours ago
- The Star
Stable yields to support performance of REITs
Maybank IB Research remained positive on REITs. PETALING JAYA: The outlook for Malaysian real estate investment trusts (REITs) is becoming more challenging even as yields remain stable amid rising unit prices, analysts say. This is also despite the KL REIT Index gaining 0.9% against Bursa Malaysia's benchmark FBM KLCI's 8.2% loss over the five months to May. Analysts said that the expanded Sales and Service Tax (SST), which will come into effect on July 1, would have an impact on REITs as it would require them to them to impose an 8% service tax (unless specific lessee exemption criteria are met), raising operating costs for tenants. Revisions to Malaysia's SST include targeted increases for non-essential goods and an expansion of the services tax to six new categories: leasing or rental services, construction, financial services, private healthcare, education, and beauty services. While the aim of revising the SST is to broaden the tax base with minimal impact on the majority of Malaysian consumers, specific business sectors, particularly REITs and financial services, are expected to bear a more direct and potentially adverse impact, analysts said. CGS International Research said while REITs with prime assets would remain resilient due to strong tenant profiles and footfall, weaker properties may face tenant attrition. 'In this regard, REITs with lower-quality portfolios may be compelled to provide rental support, which could weigh on earnings and distributions,' the research house said. Maybank Investment Bank Research (Maybank IB Research) remained positive on REITs, with its top pick being Sunway-REIT. The research house said retail and industrial REITs remained resilient, but office REITs face challenges despite long leases and stable occupancy. It added that domestic REITs offer attractive average dividend yields of between 5.6% and 6.1% or a healthy spread of between 208 and 258 basis points against the 3.5% for current 10-year Malaysian Government Securities (MGS). 'We see room for spread compression should Bank Negara initiate an overnight policy rate cut in the second half of this year that would benefit REITs with higher floating-rate debt exposure,' Maybank IB Research said, adding that this would support valuation upside and lower financing costs for growth-oriented REITs. It noted that the managements of various REITs maintained a cautiously optimistic outlook but flagged a few concerns such as the potential 8% service tax that could limit their ability to raise rents, as well as the potential increase in electricity tariffs and broader economic uncertainty such as subsidy rationalisation for RON95 petrol and international trade tensions. MIDF Research, which downgraded REITs to 'neutral' from 'positive', said most of the positives have been priced in. 'Going forward, we expect REITs to continue registering earnings growth. However, we expect moderate earnings growth going forward from a normalised base in 2024. 'Besides, the yields of REITs under our coverage tapered to 4.6% following the increase in unit prices of REITs recently,' the research house said. It expects its top pick, Pavilion-REIT, with an unchanged target price of RM1.69, to see its earnings supported by a rental revision for Pavilion KL Mall, while Pavilion Bukit Jalil's performance remains stable. MIDF Research said that the KL REIT Index was resilient in the first five months of the year following a gain of 11.4% last year in comparison to the KLCI, as investors flocked to defensive investments. However, the research house said the increase in unit prices have also narrowed the yield spread versus 10-year MGS, which makes them less attractive to investors.