Despite once promising Proton to not enter the larger and more lucrative right-hand drive (RHD) markets in the ASEAN region, Geely has broken said word by launching its global battery electric vehicle (BEV) model, the Geely EX5 in Thailand in November 2024. In early December, P1’s Chinese parent also announced that it formed a strategic partnership with five prominent Indonesian dealers as it looked to expand into the archipelago. While none of the 5 dealers’ names were mentioned in the initial

CY Foong

Jan 6, 2025

Toyota has reached a major milestone in Australia, delivering its 500,000th hybrid electric vehicle (HEV)—a RAV4—during December 2024, rounding off a record year for electrified sales. In 2024, Toyota sold 118,081 hybrids, a 63.8% surge from 72,084 in 2023, marking the first time a single brand or the industry has exceeded 100,000 hybrid sales in a year. Hybrids accounted for 48.9% of Toyota’s total sales, up from 33.5% last year, with electrified models, including the bZ4X and Mirai, making up

Sanjay

Jan 6, 2025

The Bank of Thailand (BoT) has raised concerns about the uncertain trajectory of new car sales over the next few years, citing the economy's uneven recovery as well as other key factors such as the ageing population and changing market trends. Citing a Q4 2024 report by Thailand’s Monetary Policy Committee (MPC), Bangkok Post reports that new car sales this year remain highly uncertain, no less after lacklustre sales in 2024. Besides a drop in purchasing power and slow economic recovery, the BoT

Arvind

Jan 6, 2025

Geely Auto announced it sold 2,176,567 cars globally in 2024, a 32% increase over the previous year. These figures also account for Zeekr and Lynk & Co models which saw an 87% and 30% increase in sales respectively. Meanwhile, its fully-electric (BEV) models saw an 86% growth in sales to 576,488 units while 311,747 units of plug-in hybrid (PHEV) models were sold last year, a whopping 104% in growth. Following the robust sales of 2024, Geely aims to achieve a sales volume target of 2.71 million u

CY Foong

Jan 6, 2025

The past couple of years have seen a massive influx of Chinese carmakers into Malaysia. Some came in to challenge the established brands while others tried to carve a foothold in the small but growing battery electric vehicle (BEV) market. Shenzhen-based BYD succeeded in the latter as it introduced a slew of affordably priced BEVs that made the brand a household name among consumers. Though Tesla might still be the BEV that most Malaysians aspire to own, it is BYD that has won the popularity pol

CY Foong

Jan 6, 2025