Author: Anthony Lim
As indicated last November, Geely has finally re-organised its electric vehicle brands with the consolidation of Zeekr and Lynk & Co. In an announcement, Zeekr – which now holds a controlling 51% stake in Lynk & Co, with Geely holding on to the remaining 49% – said that the formation of the Zeekr Technology Group will enable it and Lynk & Co to generate greater synergies that may profit sales, enterprise value and create more value for each users and investors. Apart from a greater management of resources, the mixing may also bring about cost reduction advantages, as R&D expenses…
In January, it was confirmed by the Malaysian Automotive Association (MAA) that government had provided a deferment for the implementation of the Excise (Determination of Value of Locally Manufactured Goods for the Purpose of Levying Excise Duty) Regulations 2019, which expired on December 31, 2024 and was imagined to take effect in January. Had that stay (which is the most recent of many) not been given, the regulations – also often known as the open market value (OMV) or ‘402’ excise duty revision – would have seen seen prices of CKD locally-assembled vehicles go up by as much as 30%…
CATL CIIC skateboard platform from 2023 Contemporary Amperex Technology (CATL), the world’s biggest EV battery maker, has launched a brand new electric vehicle chassis that has safety as its key selling point. In line with the corporate, the brand new skateboard platform – called “panshi” in Chinese, which translates to “bedrock” – is able to withstanding a 120 km/h frontal impact without catching fire or exploding. The corporate goals to sell the platform to premium automotive makers looking for to speed up development and lower costs, Reuters reports. In November, CATL chairman Robin Zeng disclosed the project to the news…
It’s Wednesday, which suggests time again for the same old weekly fuel price update in Malaysia, with the ministry of finance having announced the retail price of fuels for the approaching week of December 19 to 25, 2024. After three months, there’s finally a price revision to RON 97 petrol, with the premium fuel going up by three sen to RM3.22 per litre for the approaching week (RM3.19 per litre last week). Meanwhile, RON 95 continues at its ceiling price of RM2.05 per litre, as set by the Malaysian government in February 2021. This time around, there’s no price revision…
The federal government, via the cupboard committee on road safety and traffic congestion, has approved an allocation of RM463 million to enhance public transport services. Based on deputy prime minister Datuk Seri Ahmad Zahid Hamidi, the allocation follows on that announced within the 2025 budget as a part of the country’s preparation to assume its duties because the ASEAN chair in 2025 and prepared itself for Visit Malaysia Yr 2026. In a press release, he said that the meeting by the committee to approve the allocation also discussed several primary problems with road safety and traffic congestion in addition to…
Great Wall Motor (GWM)’s Wey luxury division is ready to make its first appearance in Malaysia, with GWM Malaysia posting a Facebook teaser of the Wey 80 MPV as one in every of its display highlights on the upcoming 2024 Kuala Lumpur International Mobility Show (KLIMS). It’s not known when the flagship model from the sub-brand will make its way here officially, but there surely is no doubt of if, seeing because the vehicle – which is referred to as the Gaoshan in its domestic market – has already made its regional debut in Thailand. When it does, the three-row…
Yesterday, Proton indicated that the much-anticipated Apple CarPlay update for its Proton X70 facelift had come about, announcing the provision via a video on Facebook, which showed the way to install feature the over-the-air (OTA) update. While all X70 FL owners will get the update, it won’t occur immediately for everybody. In a press release issued earlier today, the national automaker said the OTA update can be introduced in batches following its rollout yesterday. It said that owners will receive the OTA notifications in batches, and once they do, will only have to follow a couple of steps to download…
The paultan.org Auto Automotive Expo (ACE) 2024 – co-sponsored by Carro – takes place this October 26-27 on the Setia City Convention Centre (SCCC), and as usual, guarantees plenty of outstanding year-end promotions and offers on a wide selection of cars. Mercedes-Benz is one in all the various brands participating within the sales event, represented through Hap Seng Star. The brand new W214 Mercedes-Benz E-Class shall be on show in its E 200 and E 350e variant forms, and buyers can look ahead to Agility perks similar to motor insurance support of as much as RM5,200 and 5x Compact Service…
Northern states have had it rough by way of the weather this week, with Penang the newest to be affected. A severe storm that hit the island state yesterday resulted in flash floods and fallen trees, a few of which toppled on parked vehicles, with not less than two people killed by a tree that fell on the automobile they were in, in line with a report by The Star. The turbulence also wreaked havoc on parked vehicles as metal awnings and frames collapsed from the force of the strong winds and have become free-flying debris, as may very well…
Hycan Z03 SUV. No shortage of Chinese carmakers entering our market, it seems, with one other one on its way in. Hycan is the name of the entry, and its first products – all electric vehicles – are slated to reach sometime in the primary quarter of next yr. The Guangzhou-based latest energy vehicle brand could also be an unfamiliar name to most, but the businesses behind it should be. It was established by GAC Group (GAC) and Nio in 2018 as GAC-Nio Recent Energy Technology, but a big take up in the corporate by Pearl River Investment saw Nio…
