Johor could become a significant electric vehicle (EV) manufacturing hub, following reports that certain Chinese companies have expressed interest in establishing factories within in the state. According The Star, the Johor Import and Export Industry Association (Jimex) are currently in talks with a 13-member Chinese delegation from Wenzhou, China regarding the plant which could serve export markets. Jimex Deputy President Datuk Seri Farid Ibrahim said, “Johor was chosen by the Chinese companies

Arvind

Jul 10, 2024

The Volvo EC40 and EX40 have been launched in Thailand, both with a special Black Edition variant. Prices and variants are: EC40 Ultra - Twin Motor: THB 2,790,000 (~RM 360k) EC40 Ultra - Single Motor: THB 2,090,000 (~RM 270k) EX40 Ultra - Twin Motor: THB 2,690,000 (~RM 347k) EX40 Ultra - Single Motor: THB 1,990,000 (~RM 257k) Black Edition EC40 Ultra - Twin Motor Black Edition: THB 2,490,000 (~RM 322k) EX40 Ultra - Twin Motor Black Edition: THB 2,390,000 (~RM 309k) Just to refresh, the XC40 Rech

Shaun

Jul 10, 2024

The Domestic Trade and Cost of Living Ministry is proposing the establishment of a dedicated ombudsman scheme – essentially an unbiased third-party – for the automotive industry to address disputes between consumers and automotive companies. This initiative is part of the broader agenda to introduce a "Lemon Law" in Malaysia, aimed at providing better consumer protection for car buyers. A Lemon is a colloquial term to describe defective vehicles. Earlier this month, it was reported that KPDN pla

Arvind

Jul 10, 2024

BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China. The share purchase agreement was signed by the two companies on 6-July to enhance their competitiveness in the Thai automotive industry, according to the company's statement. Rever Automotive, which has over 100 showrooms across Thailand, began selling BYD cars in 2022. Since then, BYD has become the top-selling battery electric vehicle (BEV) brand in the country. "We are thri

Shaun

Jul 9, 2024

The Trade Competition Commission of Thailand (TCCT) has announced that the recent price wars among battery electric vehicle (BEV) dealerships do not violate trade competition laws but rather promote market competitiveness, according to a report by the Bangkok Post. Rever Automotive, the distributor for BYD in Thailand, recently reduced prices on the BYD Dolphin and Atto 3, with the most substantial cuts for the 2023 model year units. The 2023 Atto 3 Extended Range now starts at THB 859,000 (~RM

Shaun

Jul 9, 2024