Great Wall Motor (GWM) is targeting to grow its overseas sales to over 1 million units annually by 2030, with high-end models contributing a third of the volume. GWM announced this to the gathered international press at last week’s 2024 Beijing Auto Show. Currently, GWM is present in 170 countries. Last year, it exported over 300,000 cars, an 85 percent increase from the year before. GWM doesn’t provide a breakdown of its global sales by country / region, but a big contributor to the increase Ru

Hans

May 7, 2024

Kia's next expansion of its battery-electric vehicle (BEV) portfolio will take the form of the Kia EV3 that will make its full debut on 22-May, 2024, live on the Kia Worldwide YouTube channel. The EV3 is a compact SUV (think along the likes of the Volvo EX30 and Smart #1), and will join the range alongside stablemates like the Kia EV6 and the Kia EV9 – both of which are available in Malaysia. Design cues build on the foundations of its handsome siblings, showcasing bold, geometric shapes with bo

Sanjay

May 7, 2024

It appears that even market leader BYD is not immune to the slowdown in battery EVs (BEVs), with April 2024’s global sales of BYD’s BEV models reversing 3.9%, to 134,465 units. It’s BYD’s first month of decline for BEV models in a very long time. Note that this is a wholesales figure (vehicle is transferred to dealer), not actual vehicle registration by customers. Still, the slowdown in BEV demand is not a big problem for BYD. Unlike Tesla, BYD doesn’t believe in a BEV-only product line-up, prec

Hans

May 6, 2024

Perodua is set to increase its exports by 79% in 2024, with Brunei marking its initial expansion into foreign markets this year. From 1, 094 units in 2023, the company aims to export 1,960 units in 2024, reflecting its ambition to diversify its global presence. On 3-May 2024, Perodua introduced the Alza along with the Axia to Brunei, targeting sales of 120 and 40 units respectively. Additionally, the Bezza 1.0L G will be exported to Brunei with a sales goal of 300 units, bringing the total expec

Sanjay

May 6, 2024

BYD ended April 2024 by recording its best-ever monthly sales for exports, at 41,011 units, up 176.6% year-on-year. The figure excludes BYD buses, but includes BYD’s passenger sub-brands Denza and Formula Bao. To date, BYD has exported over 430,000 vehicles, including commercial vehicles. From January to April 2024, BYD sold 936,446 units of ‘new energy vehicle’ passenger cars globally, up 23.6% from the same four-month period last year. April 2024’s figures amounted to 313,245 units, up 3.5% fr

Hans

May 6, 2024