Cars
Proton Opens R&D Facility at Hangzhou Bay, China
PROTON strengthens collaboration with Geely, opening R&D centre in Hangzhou Bay, China, advancing cross-border innovation for upgraded models and EV development
Category: Cars
Branding
Tesla’s Strategic Shift Towards Lower Cost EV
Tesla's is forced into a strategic shift towards lower cost EV with signs of a dip in the sales of EVs on a global…
Cars
Expect lower vehicle sales volume in 2024
Hong Leong Investment Bank (HLIB) research predicts a decline in automotive sector sales, forecasting a “normalised” total industry volume of 720,000 units for 2024.…
Cars
This is why Tesla stock surged with its ‘accelerate’ launch of new cars
Tesla's stock surged in after-hours trading on plans to accelerate the launch of more affordable vehicles, including the highly anticipated Model 2
Business News
Electric car industry facing a downturn with cut in prices in 2024
Electric car registrations rose only 3.8pc from a year earlier, compared with a 10pc advance in the overall car market. Hybrid and petrol-powered cars…
Cars
ASEAN EV to sustain growth on low base while world market slows
In the ASEAN-6 markets, fully electric car sales surged fourfold to 141,095 units in 2023. The ASEAN EV market is driven mainly by Thailand…
Cars
Gas Stations Reap Federal Funds for EV Charging Expansion
Gas stations predominantly receive federal funding for EV charging, raising concerns about reinforcing fossil fuel infrastructure amid the electric vehicle transition.
Cars
UMW Toyota Drives Sustainability and Innovation with Impressive Performance
UMW Toyota Motor ends March 2024 with 9,688 units sold, collaborates on hydrogen mobility, introduces new HiAce models, and offers promos
Cars
Steel, body and batteries – EV nightmare
Assessment by labor and environmental groups reveals automakers' inadequate efforts in tackling environmental issues in an EV nightmare scenario
Cars
ComfortDelGro expands global footprint with new UK bus contracts
ComfortDelGro’s overseas expansion gains momentum as it secures new contracts worth GBP422m in the UK and acquires A2B, a major player in Australia. Read…
Cars
EV Mileage: White House Softens Rule in A Win for Automakers
The US is not going to press too hard now on fuel car elimination in a defeat for Biden's aggressive push for a gruelling…
Cars
iMotorbike launches 3-storey grand Glenmarie showroom
The launch event also witnessed the signing of a Memorandum of Understanding (MoU) between iMotorbike and the Selangor Technical Skills Development Centre (STDC)
Business News
Bermaz Auto Forecasts Resilient Markets, Promises High Dividend Yields
Bermaz Auto (BAuto) expects resilient markets, driven by strong sales and backorders, with a projected 9% dividend yield, including special dividends.
Cars
Maxim E-hailing Unveils 5 Tips to Prevent Fraudulent Driver Schemes
Maxim E-hailing shares 5 steps to prevent fraud: check booking, track vehicle, use app chat, limit personal info, verify price.
Cars
IIHS Tightens Safety Standards, Challenges Automakers for Excellence
The changes to the 2024 award criteria are designed to push automakers to pursue higher levels of safety standards
Cars
VinFast debuts in Indonesia with a range of new right-hand drive EVs at the 2024 IIMS
VinFast, a leading Vietnamese automaker, debuts its range of electric vehicles in Indonesia, showcasing its commitment to sustainable transportation.