In March 2022, Porsche announced an ambitious goal of having half of its 2025 global sales to be contributed either by plug-in hybrids (PHEVs) or battery EVs (BEVs), and for BEV sales contribution to reach 80% by 2030. Now, Porsche is reframing that target, saying that the 80% goal still stands but only if ‘customer demand and developments in the electromobility sector’ can support the goal. "The transition to electric cars is taking longer than we thought five years ago," Porsche said in a stat

Hans

Jul 25, 2024

At the ongoing 2024 Gaikindo Indonesia International Auto Show (GIIAS), Citroen Indonesia announced that it will begin local assembly (CKD) of the Citroen e-C3 battery electric vehicle (BEV) in August. This is followed by a Memorandum of Understanding (MoU) signing ceremony by representatives of Stellantis and the Indomobil Group. The SUV-esque BEV hatchback will be assembled at PT National Assemblers’ facility in Purwakarta. Citroen in Indonesia is distributed by the Indomobil Group which also

CY Foong

Jul 25, 2024

Starting today 25-July 2024, Puspakom will be adopting e-invoicing for all transactions. The move also means that private individuals and companies who wish to buy and sell cars are now required to provide their tax identification number (TIN). The obvious question now is what about individuals who are not taxpayers? In such cases, Puspakom has clarified that in such cases, the individual's IC number can still be used. “To further clarify, for individuals, their TIN is actually the same as their

Hans

Jul 25, 2024

Sime Darby Berhad and Porsche Malaysia have announced the completed expansion of Porsche’s assembly facility at Inokom in Kulim, Kedah. The upgraded facility is now expanded to 11,000 square metres to accomodate the increased capacity and a new assembly line, to produce the Porsche Cayenne S E-Hybrid Coupe; the first Malaysian-assembled Porsche to be exported to Thailand. It is also the first time a plug-in hybrid (PHEV) is assembled at the facility. Note that the new Porsche Cayenne S E-Hybrid

Arvind

Jul 25, 2024

Fuel price movements in Malaysia from 25- to 31-July 2024 are as follows: Fuel Price Update 25- to 31-July 2024 RON 95 RM 2.05 RON 97 RM 3.47 RON 100 RM 5.00 Shell V-Power RM 6.20 Diesel EURO 5 B10 RM 3.35 Diesel EURO 5 B7 RM 3.55 Follow fuel price live updates: Petrol Price Malaysia

Sanjay

Jul 24, 2024