2026 iCaur 03 CKD launched in Malaysia – same specs as CBU; RM129,880 iWD; 279 PS, up to 418 km NEDC

iCaur Malaysia has delivered on its promise to locally assemble (CKD) vehicles in Malaysia, with the company announcing that the 03 is now rolling off the line at Chery Corporate Malaysia’s plant in Shah Alam.

“Moving into local assembly is a meaningful step for us. It brings together local pride and global technology, while allowing us to meet growing demand without changing what customers already love about the iCaur 03. These locally assembled units retain 100% of the high-standard specifications, engineering standards and ‘Born to Play’ character that customers experienced with the CBU model,” said Francis Chin, senior director of iCaur Malaysia.

The 03 is iCaur’s first model to go on sale in Malaysia back in September 2025, with two fully-imported (CBU) variants of the fully electric model made available to customers. The base variant is the 2WD that goes for RM119,940 on-the-road without insurance, while at the top of the range is the iWD at RM130,080 – these figures were updated this year to reflect road tax charges that apply to electric vehicles (EVs) beginning January 1, 2026.

In CKD form, the 03 is currently only available in iWD guise that retails for RM129,880 OTR without insurance. iCaur Malaysia is also throwing in a package with each purchase that includes a 7 kW AC home charger as well as complimentary scheduled service for two years or 45,000 km, whichever comes first.

As before, the 03 comes with a seven-year, 150,000-km vehicle warranty and a separate eight-year,160,000-km warranty for the battery and electric drive unit. Should the battery health fall below 70% within the battery warranty period, a one-to-one replacement will be provided.

The asking price is basically similar to the CBU version, which if you remember was a beneficiary of the EV tax holiday. If you want some numbers for comparison, the CBU version of the 03 iWD with road tax included is RM200 more than the new CKD, while the road tax-free 03 iWD CBU was listed at RM129,800. The 03 CKD will gain a 2WD variant later on, the company said.

In terms of specifications, the CKD version of the iWD is identical to the CBU. As such, you get a dual-motor setup with a front electric motor rated at 95 PS (94 hp or 70 kW) and 165 Nm of torque, while a rear motor contributes 184 PS (181 hp or 135 kW) and 220 Nm.

Total system output is 279 PS (275 hp or 205 kW) and 385 Nm, enabling a 0-100 km/h time of 6.5 seconds and top speed of 150 km/h. Powering the motors is a 69.8-kWh lithium iron phosphate (LFP) battery for up to 418 km of range following the NEDC standard (WLTP is generally 20% lower at 334 km).

AC charging peaks at 6.6 kW while it is 80 kW for DC fast charging, the latter capable of getting the battery from a 30-80% state of charge in around 30 minutes. There’s also a vehicle-to-load (V2L) system that delivers up to 3.2 kW to power accessories or electrical appliances.

Standard equipment include 19-inch wheels, LED headlamps with adaptive high beam, a panoramic sunroof with powered sunshade, faux leather seat upholstery, powered front seats, dual-zone climate control with rear air vents, front and rear seat ventilation and massaging front seats.

The list continues with wireless Android Auto and Apple CarPlay support, a 50-watt wireless charging pad, 10 drive modes keyless entry and start, ambient lighting, six airbags, a 540-degree around view monitor, a 360-degree driving video recorder. For RM20,000 more, you can make your 03 iWD a Black Phantom Edition that adds on a bodykit with wheel arch extensions, a matte black finish, a roof rack and accompanying side ladder for that off-roader look.

The 03 also comes with a Level 2 ADAS suite with features such as autonomous emergency braking, front and rear collision warning, emergency lane keeping, lane departure warning, lane departure prevention, rear cross traffic alert, adaptive cruise control with traffic jam assist, blind spot monitoring and door opening warning.

“The iCaur 03 is only the beginning of what we want to build in Malaysia,” said Daniel Lai, Marketing director of iCaur Malaysia. “Our focus is to continue introducing NEV that are stylish, intelligent, and full of character — vehicles that reflect the way people live, move, and express themselves today,” he added.

GALLERY: 2026 iCaur 03 CKD

GALLERY: 2026 iCaur 03 CBU

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