iCaur and Public Bank join hands to make EV ownership more accessible

KUALA LUMPUR: Malaysia’s EV market is growing rapidly, with the country’s total EV sales representing a tremendous year-on-year growth of 106% in the first half of 2026. With more Chinese brands entering this growing space, iCaur is one that has made some great progress, emerging as one of the top-selling EV brands.

In line with this EV momentum, iCaur Malaysia and Public Bank have joined hands to make electric vehicle ownership more accessible in Malaysia, supporting the country’s transition to greener, more sustainable mobility.

The strategic collaboration is anchored by Public Bank’s exclusive “Go Green with Green Vehicle Financing – Paint the Town Green” campaign. Under this campaign, eligible customers can enjoy exclusive financing benefits when financing selected green vehicles with Public Bank, making the transition to electric mobility more accessible.

iCaur contributes to this programme with its distinctive range of electric SUVs, including the iCaur 03 and iCaur V23, priced from RM 129,880 and RM 119,800, respectively. It remained the third top-selling EV brand in Malaysia between January and June 2026, with total sales of 2,573 units.

Commenting on the collaboration, Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, stated, “Public Bank is pleased to collaborate with iCAUR to support the growing adoption of electric vehicles in Malaysia. As Malaysians increasingly embrace greener mobility solutions, we remain committed to making EV ownership more accessible through financing solutions that support our customers’ evolving needs. This collaboration underscores our commitment to supporting Malaysia’s green transition and encouraging more Malaysians to make sustainable choices for a greener future.” 

“At iCAUR, we believe electric mobility should be adventurous, stylish, and fun. With our 'Born to Play' philosophy, models like the iCAUR 03 and V23 express the identity of modern drivers. Partnering with Public Bank allows us to help every Malaysian take the wheel and literally 'Paint the Town Green',” stated Mr. Men Lin Bo, Executive Vice President of Chery Corporate Malaysia.

Also read: iCaur Malaysia opens a 3S centre in Kota Kinabalu