FirstClass Auto Co.

For all the news out there on China's seemingly never-ending growth of vehicle manufacturers, there's just about as many that crumble under pressure. Newest to that list is Ji Yue, a Geely-Baidu collaboration that's reportedly facing financial trouble. Highlighting the Chinese market's intense price wars and competition among car manufacturers, Reuters reports that Ji Yue is seeking to raise new funds and carry out operational adjustments to cope with this challenge. Per Sina Weibo, the battery-

Remember Geely’s promise to make Malaysia their production hub for right-hand drive cars, contributing to our local economy and elevating Proton to become the third largest car manufacturer in Southeast Asia by 2027? Well, Geely seems to have no intention of keeping their word, as demonstrated by their decision to launch China-made Geely models in Thailand, followed by Indonesia and Australia later next year. Back in November 2021, four and a half years after acquiring half of Proton, Geely was

Geely seems to be reneging on a promise it made to turn Proton and essentially Malaysia as its hub for right-hand drive (RHD) markets following the launch of the Geely Galaxy E5 at the ongoing 2024 Thailand International Motor Expo. Fully imported (CBU) from China, the twin to the upcoming Proton e.Mas 7 battery electric vehicle (BEV) is called the Geely EX5 in Thailand and is offered in two variants: EX5 Pro – THB 899,000 (~RM 116k) EX5 Max – THB 989,000 (~RM 128k) The EX5’s launch in Thailand

The Lotus Emira is supposed to be the brand’s last combustion engine car before it becomes fully electric by 2028. Now, Lotus has confirmed it will be abandoning its 100% electric by 2028 target. According to AutoCar, CEO Feng Qingfeng confirmed that Lotus will no longer stick to its initial target of selling only battery EV (BEV) models by 2028. Instead, Feng said Lotus is developing a 'Super Hybrid' technology that supports plugged-in charging at DC fast chargers. Not much is known about the L

It looks like Volvo has given up on Lynk & Co as the Swedish automaker announced it is selling its entire 30 per cent stake in the company to Zeekr. The transaction will cost Zeekr CNY 5.4 billion (RM 3.34 billion) which will be paid in cash and expected to close during the first quarter of 2025. Lynk & Co was set up in 2017 as a joint venture between Geely Auto (50%), Volvo, and Zhejiang Geely Holding (20%). Following the recent restructuring announcement, Zeekr will hold 51% of Lynk & Co while