Malaysian carmaker Proton has officially launched its first all-electric model, the e.MAS 7 mid-size SUV, which is also the first domestically produced electric car in Malaysia. The model is based on the Galaxy E5 model of Chinese carmaker Geely Automobile. The Prime version of the Proton e.MAS 7 mid-size SUV is equipped with a 49.52 kWh AEGIS Short Blade Battery, which can travel up to 345 kilometers on a single charge. The price of this model (excluding insurance) is 105,800 ringgit (“Ringgit” is also translated as “Ringgit”), (about US$23,835), and only the first 3,000 consumers can enjoy this preferential price. The Premium version of the Proton e.MAS 7 mid-size SUV […]
The German Automobile Industry Association (VDA) announced that in November this year, German domestic automobile production increased by 1%to 404,800 year -on -year. In the first 11 months of this year, German domestic automobile output also increased by 1%year -on -year, close to 3.9 million units, but it was still 12%lower than the same period in 2019. Among them, German electric vehicle output increased by 5%from 1.1 million vehicles in the same period last year. In November this year, the sales of new passenger cars in Germany were 244,500, which was almost the same as the same period last year. […]
Wholesale data compiled by Gaikindo, the Indonesian automotive industry association, showed that in November this year, Indonesia’s new car sales fell to 74,347 from 84,390 in the same period last year, a year-on-year decrease of 12%. Since the beginning of this year, domestic consumer sentiment in Indonesia has weakened significantly, and consumers are increasingly reluctant to buy commodities. Indonesia’s economic growth rate in the third quarter of this year was 4.95%, lower than 5.05% in the second quarter of this year due to increased government spending and fixed asset investment. In November this year, the Indonesian central bank kept the benchmark interest rate unchanged at 6.0%. In October this year, […]
Stephan Winkelmann, CEO of the Lamborghini brand under the Volkswagen Group, said that the company will continue to produce cars in Italy and plans to launch its first electric model in 2029 because the electric luxury sports car market is not yet mature and cannot be fully electrified. Lamborghini has previously stated that its first electric car will be launched in 2028. In contrast, Lamborghini’s Italian rival Ferrari will launch its first electric car in the first quarter of next year. Winkelmann told the media: “We think it is not too late to launch electric vehicles in 2029. In our market segment, it will not be ready (electrification) in […]
Average lithium-ion battery pack prices have fallen by the most in seven years, a survey shows, which is likely to accelerate the process of achieving parity between electric vehicles and gasoline-powered vehicles. The survey shows that the cost of battery packs fell by 20% to $115 per kilowatt-hour in 2024. The survey pointed out that overcapacity of battery production, falling metal and component prices, and the continued shift to cheaper lithium iron phosphate batteries have driven the cost reduction. The study analyzed 343 data points across a range of applications including electric vehicles, buses and commercial vehicles. Faster-than-expected battery cost declines suggest that electric vehicle prices will fall to […]
According to foreign media reports, with Toyota’s factory in Kentucky in the United States, it has received nearly $ 1 billion in funds that the company is preparing to produce its first three -row electric SUV in the United States. However, the new models will not be as soon as the original plan. Following the announcement of investment of 1.3 billion US dollars in February this year, Toyota announced on December 12 that it will invest in another $ 922 million in the Georgetown Factory, Kenka, to build a new lacquer workshop. […]