The discourse regarding the Europe Union’s increased tariff on China-made battery EVs (up to 45.3%) is centered on how subsidized, low-cost Chinese battery EVs (BEVs) pose a threat to Europe’s manufacturing base. VW’s proposed closure of up to three automotive plants in Germany has also been juxtaposed against the threat of lower-cost Chinese BEV models. But sales data compiled by the Germany-based Schmidt Automotive Research suggests that the threat to the VW Group, Stellantis, and Renault – Eu

Hans

Nov 13, 2024

As part of a visit to Egypt, Prime Minister Datuk Seri Anwar Ibrahim along with official Malaysian delegates including key Proton management officiated the launch of the CKD Proton Assembly Plant in Egypt. The PM said this initiative was part of Malaysia’s efforts to foster a new approach to cooperation between countries stating, “Proton is not just an automotive company; it is a source of pride and part of Malaysia's identity.” "Malaysia's presence in Egypt is built on trust and friendship," he

CY Foong

Nov 13, 2024

Thailand is currently the biggest market for battery EVs (BEVs) in Southeast Asia. Nearly 15% of new cars sold in Thailand are BEVs, an adoption rate that’s higher than even the USA (~7%). At the same time, Thailand is not convinced that it should adopt a European Union-style ‘all-in’ approach in promoting BEVs, reasoning that the automotive industry is still in a state of flux and a one-track, BEV-only approach may not be the correct one. Deputy Finance Minister Paopoom Rojanasakul told the Ban

Hans

Nov 13, 2024

The second monthly lucky draw for CARSOME’s Gempak Campaign took place on 9-November 2024 at the flagship CARSOME PJ Automall, bringing the campaign’s excitement up a notch as it nears the grand finale in January. This draw included entries from October 2024, with only two more monthly draws left to go. Once again, the event was broadcast live on social media, where eager participants watched as over a thousand golden tickets spun through a special wind chamber before CARSOME’s representative pu

Arvind

Nov 13, 2024

At the Nissan Kicks e-Power media drive, Edaran Tan Chong Motor (ETCM) revealed that the long-awaited B-segment SUV will be available in Malaysia with two variants. The Kicks will be Nissan’s debut e-Power model here though prices will only be announced during its launch in December. Two variants will be available here: VL and VLT. The latter is offered with a single-tone or dual-tone exterior colour option. Standard features on the base Kicks e-Power VL are: Automatic LED headlights Auto-foldin

CY Foong

Nov 12, 2024