Indonesia has an abundant nickel reserve, a key ingredient for battery production with outgoing President Joko Widodo wooing companies to invest in the archipelago. On Thursday, 17 October, it was announced that Contemporary Amperex Technology Co Ltd (CATL) is keen to invest USD 1.2 billion (RM 5.17 billion) to set up a battery production facility in Indonesia. The Chinese company is the largest electric vehicle (BEV) battery manufacturer in the world with a global market share of around 37% in

CY Foong

Oct 18, 2024

As the shuttle bus rolls to a stop on the wide tarmac at Mitsubishi’s Okazaki plant, a scene unfolds: a marquee tent bustling with marketing teams, engineers, and senior management, all positioned near meticulously arranged presentations. Just outside, three gentlemen stand abreast—aged but fit, their attire immaculate, offer a gentle wave to the arriving party. This is Okazaki, Mitsubishi’s premier R&D and test centre, where every new Mitsubishi is designed and developed, including the all-new

Arvind

Oct 18, 2024

The new XV80 generation 2025 Toyota Camry will be launching in Malaysia before the year ends. As before, the D-segment sedan will be imported from Thailand, which explains the short time between its debut in Thailand last week and its upcoming launch in Malaysia. Unlike locally assembled cars, imported models don’t require lead team to retool the plant and source for parts from local vendors. A Toyota dealer that Wapcar.my reached out to say they have sold out their inventory of the outgoing XV7

Hans

Oct 17, 2024

Audi's Brussels BEV plant might be headed for an unfortunate end, as Audi has failed to lock down a viable investor for the troubled facility. According to Automotive News Europe, this factory, responsible for the Audi Q8 e-tron, could be the first Volkswagen Group plant to close its doors. Audi’s search, which included 26 interested parties and a last-ditch revised offer, has come up short. Audi’s Chief Operating Officer, Gerd Walker, bluntly stated that no proposal was a "viable and sustainabl

Shaun

Oct 17, 2024

The all-new second-generation (F74) 2025 BMW 2 Series Gran Coupe has been officially unveiled. The front end of the new BMW 2 Series Gran Coupe is dominated by a wider, lower-slung grille with vertical and diagonal bars, flanked by standard LED headlights. Optional adaptive LED headlights with matrix technology offer glare-free high beams and cornering functionality. The side profile retains BMW’s signature long bonnet and short overhangs, accentuated by a flowing roofline that tapers into a pro

Shaun

Oct 17, 2024