GWM Wey G9 at RM269,800: what Melaka CKD does to Malaysia's MPV prices

Sep 25

4 min read

Updated: Oct 9

By Arjun Nair · Policy & Industry columnist · 25 Sep 2026

GWM Wey G9 at RM269,800: what Melaka CKD does to Malaysia's MPV prices

Local assembly put the Wey G9 in the race, but the small engine and the export plan decide its price.

At a glance

		Source
Price	RM269,800 OTR without insurance	Paultan.org
Powertrain	Plug-in hybrid (PHEV) MPV	Paultan.org
Assembly	CKD, Pegoh, Melaka	Paultan.org
Localisation	40.05%	Paultan.org
Volume target	5,000 local + 5,000 export a year	Paultan.org

TL;DR

Paultan.org reports that the GWM Wey G9 PHEV MPV is assembled (CKD) in Pegoh, Melaka and sells for RM269,800 on-the-road without insurance.
Paultan.org ranks it the cheapest of seven luxury MPVs, after the new tax on fully imported (CBU) EVs raised the Denza D9 price.
CKD alone does not explain the price. The GAC M8 is also a CKD PHEV, yet it costs RM58,383 more (our arithmetic below).

Let me start with the CKD vs CBU price question in plain words. Why does a seven-seat luxury MPV cost less than its rivals? For the GWM Wey G9, part of the answer is that Malaysians put it together in Melaka. There is a single variant, and Paultan.org's launch report puts it at RM269,800 on-the-road, insurance not included. So, is this a CKD story, a PHEV story, or both?

Infographic: GWM Wey G9 at RM269,800: what Melaka CKD does to Malaysia's MPV prices

Gallery: GWM Wey G9 at RM269,800: what Melaka CKD does to Malaysia's MPV prices

What do CKD and CBU mean for the price?

CKD means "completely knocked down". Kits of parts arrive and a local factory builds the car. CBU means "completely built up". The car comes in whole from a factory abroad.

Paultan.org's launch report says GWM builds the Wey G9 at EP Manufacturing (EPMB) in Pegoh, Melaka. At 40.05% local content, by the same report, the car clears the AFTA Regional Value Content (RVC) bar. Think of RVC as a passport for the car: enough of it counts as "made in the region" to cross ASEAN borders on trade-pact terms.

Thinking about an EV? Drive one for a few days before you buy.

Who wins from the Wey G9's CKD price?

The buyer wins first. Paultan.org's MPV comparison of 21 May 2026 used nett prices so that all brands line up. It says the new tax structure for CBU EVs pushed the Denza D9 price up. That left the Wey G9 at the bottom of the ladder.

MPV (base variant)	Powertrain	Build	Nett price
GWM Wey G9 Hi4	PHEV	CKD, Melaka	RM269,380
Denza D9 Advanced FWD	EV	CBU	RM299,000
GAC M8 Premium	PHEV	CKD	RM327,763

Source: Paultan.org MPV comparison, 21 May 2026.

Melaka wins too. Paultan.org's launch report says GWM plans 5,000 Wey G9 units a year for Malaysia and 5,000 for export. So half the planned output goes abroad. In a separate report, Paultan.org says the first Melaka-built units shipped to Thailand before the car went on sale here.

Why is CKD not the whole answer?

Here the facts take a surprising turn. The GAC M8 PHEV is also assembled here, and Paultan.org's launch report says it was the first CKD Chinese PHEV MPV in Malaysia. Yet the gap in the May table is large. Our arithmetic: RM327,763 - RM269,380 = RM58,383.

So two CKD PHEV MPVs sit almost RM60,000 apart. The Paultan.org comparison gives one clue: the M8 carries a larger engine than the Wey G9. My own view is that the second clue is scale. One variant and a planned export run spread the cost of the Melaka line over more cars. GWM has not published figures that prove this.

One note for the record. In its December 2025 roll-out report, Paultan.org quotes GWM Malaysia calling the Wey G9 the first Chinese new energy MPV assembled here. The outlet's launch report says the GAC M8 came first. The two claims do not agree, and we report both.

Who loses?

The CBU EV MPVs lose ground. The Paultan.org comparison says the new CBU EV tax structure already raised the Denza D9 price. A PHEV built in Melaka is not in that group.

Thai buyers pay more on paper. Paultan.org's December 2025 report gives the Thai price as 2,399,000 baht (RM310,900) for the same standard-wheelbase body. Taxes and on-the-road costs differ between the two countries, so read this as a direction, not a like-for-like quote.

What should you watch next?

The first check is the launch anniversary, when registration data can test GWM's domestic target. The second is Indonesia. Paultan.org's launch report says exports there are "on the cards", but GWM has given no date. The third is the longer Gaoshan 8 body, which Paultan.org thinks may come here because the export markets have different needs.

Arjun's take

I have seen many CKD launches promise exports and then go quiet. This one shipped to Thailand before it reached our own showrooms, so the factory already works for the region, lah. My worry is the local content GWM quoted at launch. Trade-pact benefits depend on it, and suppliers must keep it there as volumes grow. At the end of the day, a CKD plant earns its tax treatment only when it builds real local supply, not just bolts kits together.