EV Lorry Total Cost Of Ownership Malaysia: The Real Diesel Vs Electric Numbers Over 5 Years

EV Lorry Total Cost Of Ownership Malaysia: The Real Diesel Vs Electric Numbers Over 5 Years

EV Lorry Total Cost Of Ownership Malaysia: The Real Diesel Vs Electric Numbers Over 5 Years

Last updated: June 2026

Quick answer: In a 5-year model for a 7.5-ton lorry covering 225,000 km, the EV lorry total cost of ownership in Malaysia reaches an estimated RM307,951. A diesel lorry at market price reaches RM442,550. A diesel lorry on SKDS 2.0 subsidy reaches RM310,363. The EV and subsidised diesel results are close. A fleet paying market diesel prices has the clearest financial case for switching to electric.

An electric lorry costs more at purchase, but a 5-year view provides a clearer perspective. EV lorry total cost of ownership in Malaysia depends on purchase price, hire purchase, diesel price, depot charging, service cost, road tax, battery provision, and resale. For a 7.5-ton truck running 225,000 km over 5 years, the EV case improves when the fleet pays market diesel instead of SKDS 2.0. Study the full model before signing.

EV Lorry Total Cost Of Ownership Malaysia Model Inputs

The model uses one 7.5 ton box lorry running 150 km per day for 300 days each year, equal to 225,000 km over 5 years. Diesel use sits at 25 L per 100 km, while EV energy use sits at 60 kWh per 100 km. These numbers match city delivery with stop and start driving.

For diesel, the model uses RM4.50 per litre, which sits within the June 2026 Ministry of Finance APM range of RM4.37 to RM4.67 per litre for Peninsular Malaysia. SKDS 2.0-eligible commercial vehicles access diesel at RM2.15 per litre with an approved fleet card and quota. For electricity, the model applies RM0.41 per kWh based on TNB Non-Domestic Low Voltage tariff rates under RP4 2025 to 2027. Road tax rates follow the Road Transport Department Malaysia published schedules. Eco R Truck Malaysia refreshes the diesel figure against the Ministry of Finance APM page and the TNB tariff page on each article update date.

For diesel, the model uses market diesel at RM4.50 per litre and SKDS 2.0 diesel at RM2.15 per litre for eligible commercial vehicles, supported by the Reuters diesel subsidy reform report. For electricity, the model uses RM0.41 per kWh based on commercial depot charging assumptions and Tenaga Nasional tariff checks. Eco R Truck Malaysia should refresh the Ministry of Finance Malaysia weekly APM diesel figure and Tenaga Nasional Berhad tariff page on the publish date. Check Road Transport Department Malaysia rates before registration.

EV Lorry Total Cost Of Ownership Malaysia Assumptions

InputDiesel LorryEV Lorry
Purchase PriceRM190,000RM266,800
Loan Tenure5 years5 years
Distance225,000 km225,000 km
Energy Use25 L per 100 km60 kWh per 100 km
Energy PriceRM4.50 or RM2.15 per litreRM0.41 per kWh

 

EV Lorry Total Cost Of Ownership Malaysia Diesel Cost

Diesel still provides the lower entry price in EV lorry total cost of ownership planning in Malaysia. A rebuilt or reconditioned 7.5-ton Hino or Isuzu class lorry often costs between RM160,000 and RM220,000. In this model, the diesel lorry costs RM190,000 before insurance and body changes. With a 10 percent down payment and 5-year hire purchase at 3.5 percent flat interest, purchase plus finance reaches RM219,925.

EV Lorry Total Cost Of Ownership Malaysia Diesel Fuel Cost

Fuel becomes the biggest diesel cost. At 225,000 km and 25 L per 100 km, the lorry uses 56,250 litres across 5 years. At market diesel of RM4.50 per litre, fuel cost reaches RM253,125. At SKDS 2.0 diesel of RM2.15 per litre, fuel cost drops to RM120,938. For the current weekly figure, check the official price of petroleum and diesel dataset on OpenDOSM. 

This split changes the buying decision. A fleet with approved quota and fleet card faces a tighter diesel vs electric lorry Malaysia comparison. A fleet paying market diesel has a stronger reason to study electric truck Malaysia operating costs with one live route test.

EV Lorry Total Cost Of Ownership Malaysia Diesel Resale Cost

Diesel lorries have a mature used market in Malaysia. The model estimates a 45 percent resale value after 5 years, equal to RM85,500 from a RM190,000 lorry. Maintenance, road tax, inspection, brake work, oil, filters, clutch, gearbox, and exhaust items add another RM55,000 across the period. The diesel result reaches RM442,550 at market diesel and RM310,363 with SKDS 2.0.

EV Lorry Total Cost Of Ownership Malaysia Electric Cost

JAC i75 EV lorry in Malaysia used for electric truck total cost of ownership comparison 

An EV lorry starts with a higher price, so the model must look beyond the first invoice. The JAC i75 EV starts from RM266,800 and fits the 7.5 ton comparison. Eco R Truck Malaysia’s JAC i75 EV specifications list a 106.95 kWh CATL LFP battery, CCS2 charging, 7,500 kg GVW, and depot overnight charging support. The EV key component warranty runs 5 years or 200,000 km.

EV Lorry Total Cost of Ownership Malaysia: JAC i75 EV Cost

With 10 percent down payment and 5 year hire purchase at 3.5 percent flat interest, the EV purchase plus finance reaches RM308,821. Charging uses 135,000 kWh over 5 years in the model. At RM0.41 per kWh, the charging cost reaches RM55,350. That is much lower than market diesel fuel cost on the same route.

EV Lorry Total Cost Of Ownership Malaysia Battery Provision

EV lorry battery and charging system components for Malaysia electric truck ownership cost planning

Battery cost deserves a separate provision because commercial EV resale data is still relatively new. The model adds RM20,000 at Year 5 as a planning buffer, not as an automatic replacement bill. Battery health depends on mileage, payload, heat, charging habits, and driver behaviour. EV maintenance is estimated at RM27,000, while road tax and ownership fees sit at RM3,500.

Depot charger installation is a one-time cost outside the recurring model. A 22 kW AC wallbox costs RM3,000 to RM8,000 installed, depending on wiring distance and panel capacity. Operators with an existing workshop power supply sit at the lower end. Add this figure to the EV column when calculating your own 5-year total.

EV Lorry Total Cost Of Ownership Malaysia 5 Year Table

The table shows why EV lorry Malaysia costs need a 5 year view. A diesel lorry wins on purchase price, but market diesel quickly changes the result. SKDS 2.0 keeps diesel competitive. Run the same table with actual mileage, payload, charger cost, loan rate, and resale expectation.

Cost ItemDiesel Market PriceDiesel SKDS 2.0EV Lorry
Purchase Plus FinanceRM219,925RM219,925RM308,821
Fuel Or ChargingRM253,125RM120,938RM55,350
Maintenance And FeesRM55,000RM55,000RM30,500
Battery ProvisionRM0RM0RM20,000
Less Year 5 ResaleRM85,500RM85,500RM106,720
Estimated 5 Year TCORM442,550RM310,363RM307,951
Disclaimer: All figures in this table are modelled estimates based on publicly available reference data as of June 2026, including the Ministry of Finance weekly diesel price range of RM4.37 to RM4.67 per litre for Peninsular Malaysia and TNB commercial tariff rates under RP4 2025 to 2027. The model uses RM4.50 per litre and RM0.41 per kWh as mid-range working figures. Actual results vary by fleet mileage, payload, electricity tariff class, SKDS 2.0 eligibility, hire purchase rate, depot charger setup, and resale condition. Operators should run a route-specific total cost of ownership calculation before making a procurement decision 

In this model, EV lorry total cost of ownership Malaysia beats market diesel by about RM134,599 over 5 years. Against SKDS 2.0 diesel, the EV and diesel options sit close together. That narrow gap means route fit, charger setup, and finance approval should decide the final purchase.

EV Lorry Total Cost Of Ownership Malaysia Buying Decision

Use a simple formula before choosing a truck: purchase price plus finance cost plus fuel or charging plus service plus road tax plus battery provision minus resale value. This formula provides a better answer than comparing EV lorry Malaysia price list figures alone. A truck with a higher upfront price can still win when daily use creates significant charging and service savings.

An EV lorry suits repeat city routes below 200 km per day, depot return operations, courier work, supermarket supply, factory shuttles, and urban distribution. Diesel suits long distance work, remote delivery points, uncertain return times, and fleets with firm SKDS 2.0 access. If your team already studies Malaysia logistics industry outlook, add EV route testing into the next fleet review. Also review what to check before buying a commercial truck and compare lorry financing options Malaysia before placing a deposit.

EV Lorry Total Cost Of Ownership Malaysia FAQ

Is an EV Lorry Total Cost Of Ownership Malaysia Cheaper Than Diesel?

Electric lorries cost less over 5 years when mileage is high, market diesel applies, and the truck charges at a depot. In the model, the EV total reaches RM307,951 against RM442,550 for market diesel. Against SKDS 2.0 diesel, the gap narrows to around RM2,400. Use your actual route mileage, subsidy status, and hire purchase rate before treating any model figure as a final answer.

EV Lorry Total Cost Of Ownership Malaysia: What EV Truck Price Should I Use?

The JAC i75 EV starts from RM266,800 for the 7.5 ton class. The JAC i40 EV starts from RM140,000 for the 3.7 ton class. Final cost includes body type, depot charger installation of RM3,000 to RM8,000, insurance, road tax, and the approved bank hire purchase rate. Search demand for EV truck Malaysia price and EV lorry Malaysia price list shows buyers want the full bill, not the starting price alone.

EV Lorry Total Cost Of Ownership Malaysia: How Long Does the Battery Last? 

The JAC i75 EV warranty covers EV key components for 5 years or 200,000 km. Battery life depends on daily distance, charging routine, payload, traffic, and operating heat. Operators running 80 percent daily charging cycles and avoiding full charge every night extend battery lifespan. Keep a RM20,000 provision in your EV lorry total cost of ownership Malaysia calculation, then update the buffer once 12 to 24 months of fleet data is available.

EV Lorry Total Cost Of Ownership Malaysia Final Decision

EV lorry total cost of ownership Malaysia favours EV when the route has stable daily distance, depot charging, and market diesel exposure. Diesel still has a place when subsidised diesel access, resale certainty, and long route needs carry more weight. Eco R Truck Malaysia brings more than 45 years of Sendok Group commercial vehicle experience into this comparison, with new, rebuilt, and used lorry options for different budgets. Speak with Eco R Truck Malaysia for a diesel versus EV quotation based on your route, mileage, body type, and finance profile.

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