Tesla need not worry too much about BYD, but everyone else should be gripped by panic, says author and Asia-focused automotive industry consultant Michael Dunne, of Dunne Insights. Dunne is the former managing director of J.D. Power China and author of the book ‘American Wheels, Chinese Roads,’ which chronicled GM’s entry into China. It’s considered the best English-language book explaining the inner workings of China’s 2000s era automotive industry. In his latest newsletter, Dunne explained tha

Malaysia is witnessing a remarkable surge in battery electric vehicle (BEV) sales, with over 12,000 units since 2011. This growth is particularly notable in 2023, with BEV registrations surpassing 9,000 units. According to a report by Bernama, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz highlighted this trend at the soft launch of the Malaysia Autoshow 2024 yesterday. The Minister added that EVs are an important catalyst to Malaysia’s manufacturing exports, especi

The Hyundai Ioniq 5 has been in production (CKD) in Indonesia since March 2022 at Hyundai’s Cikarang plant and was Indonesia’s first locally-assembled electric vehicle (EV). Hyundai’s most successful EV has been making waves in the archipelago, even outselling the Honda CR-V at one point, but it is lacking in some Indonesian identity. That might change following Indonesia’s Minister of State Owned Enterprises (BUMN), Erick Thohir recent visit to South Korea. The minister recently shared on his s

The BMW Group is on track to exceed its initial target to reduce its fleet-wide CO2 emissions in Europe by more than twice, boosted by strong response to its battery EV models, said Oliver Zipse, Chairman of the Board of Management. The group had initially targeted a 4.9 percent year-on-year reduction in CO2 emissions, but is now on track to deliver between 5 to 10 percent. As of September 2022, the BMW Group has delivered over 128,000 battery EVs, up 114.8 percent from last year. The company di

Hyundai has confirmed that it will be producing its first locally-assembled battery electric vehicle (BEV) in Indonesia starting March 2022. In the initial stages, production will be capped at a low 1,000 units per year, and only for the domestic market. However, Hyundai adds that exports to neighbouring countries is part of the longer term plan. The company did not confirm the exact model to be produced but the Ioniq 5 is a likely candidate, seeing that the model was presented at yesterday’s “T

Hyundai's Indonesian operations are gearing up to produce and sell the funky Hyundai Ioniq 5 electric vehicle (EV) in the country, according to a report by Otodriver.com. Sources close to Otodriver mention that the EV SUV is touted to begin Indonesian production next year. Targeted production numbers are 1,000 units in 2022, and 1,500 units in 2023. However, it is still unclear whether the model will be fully locally-manufactured or just assembled (CKD) in the archipelago. Also read: Hyundai to