Taiwan’s Hon Hai Precision Industry Co., better known as Foxconn, has approached Nissan with an offer to acquire a controlling stake in the troubled Yokohama-based carmaker. According to Japanese business publication Diamond Online, Foxconn’s approach is being made independently of Honda, which is also in talks with Nissan regarding a potential merger. The publication further reported that negotiations with Honda were 'encouraged' by Nissan's main bank, Mizuho Bank, and Japan’s Ministry of Econo

Hans

Dec 19, 2024

Industry analysts love to harp on the virtues of battery electric vehicles (BEVs) and predicted that they would conquer the automotive market. That results in legislation proposing goals that are highly favourable towards BEVs, with mixed results from both new and established brands. Still, the accelerated growth of the BEV industry is not going to completely wipe out internal combustion engines (ICE) so soon. As BEV sales began to slow, carmakers which once pledged to have a fully or mostly ele

CY Foong

Dec 19, 2024

China is intensifying its diplomatic efforts in the battery-electric vehicle (BEV) sector, according to a report by the South China Morning Post (SCMP). The Chinese government is recruiting science and technology counsellors for its embassies abroad, focusing on strengthening its influence in BEV-related diplomacy. This comes as the world’s largest BEV market faces growing accusations of overcapacity and trade barriers imposed by the US, Canada, and Europe. China, being the world’s largest BEV m

Shaun

Dec 19, 2024

Fuel price movements in Malaysia from 19- to 24-December 2024 are as below: Fuel Price Update 19- to 24-December 2024 RON 95 RM 2.05 RON 97 RM 3.22 RON 100 RM 5.00 Shell V-Power RM 6.30 Diesel EURO 5 B10 RM 2.95 Diesel EURO 5 B7 RM 3.15 Follow fuel price live updates: Petrol Price Malaysia

Sanjay

Dec 18, 2024

Honda has revealed the S+ Shift system, which is set to be first featured in the all-new Honda Prelude coming in 2025, aimed to elevate the e:HEV hybrid system’s appeal The concept of an “S+” button may evoke memories of the Honda CR-Z facelift introduced in 2013. In that hybrid sports coupe, the S+ button offered an extra burst of electric assistance for maximum acceleration - ideal for short spurts of adrenaline. But with the S+ Shift, Honda flips the script. This isn’t just about going fast;

Shaun

Dec 18, 2024