EV Battery Prices Hit Record Low, Sparking Optimism for Mass Adoption
Electric vehicle (EV) battery packs are now more affordable than ever, with average costs dropping 20% in 2024 to $115 (RM517) per kilowatt-hour (kWh), according to BloombergNEF’s annual battery price survey. This sharp decline, the most significant since 2017, is attributed to an oversupply of production capacity, reduced prices for raw materials and components, and […]
BMW Group Malaysia Leads Premium EV Market with Groundbreaking Innovations
BMW Group Malaysia has reinforced its position as the nation’s leading premium electric vehicle (EV) provider, exemplifying its global vision of driving the future of mobility. With over 8,700 vehicles delivered across the BMW and Mini brands by the third quarter of 2024, the automaker has firmly cemented its place in the premium segment. Impressively, […]
Government Considering Waiving Parking Fees for EVs
The Malaysian government is considering waiving parking fees for electric vehicles (EVs) entering cities as part of efforts to encourage the adoption of EVs over traditional fossil fuel cars as stated by Housing and Local Government Minister Nga Kor Ming, according to The Star. This proposal is being examined in conjunction with the recent announcement […]
SAIC Motor to Mass Produce Solid-State Batteries for EVs in 2026
SAIC Motor, the largest state-owned Chinese automaker, has announced a significant advancement in the development of solid-state batteries, which will be available in its electric vehicles (EVs) as early as 2026.
Ferrari Working on Unique Sound Signatures For it’s EVs
Ferrari’s venture into the realm of electric vehicles signifies a notable shift for the iconic automaker, with its first electric vehicle scheduled for a late 2025 debut.
Nissan and Honda Explore Partnership Amid Changing Automotive Dynamics
The revelation of potential talks between Nissan Motor and Honda Motor regarding a strategic partnership signifies a significant development in the automotive industry.
Honda’s New “H” Logo For EVs Is A Throwback to 1963
Honda is set to introduce a fresh logo for its electric vehicles (EVs), updating the current “H” that has been a constant presence on all Honda cars since 1981.
Used EV Market Woes: A Roadblock for EV Transition
The ongoing shift towards electric vehicles (EVs) is encountering an unexpected obstacle – a reluctance among buyers to invest in used electric cars.