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A Volvo XC40 Electric vehicle (EV) at Miti Tower in Kuala Lumpur February 20, 2023. The Malaysian government has made the adoption of electric vehicles among the thrusts of its National Energy Transition Roadmap (NETR). (Photo: malaymail.com)

Malaysia encourages use of EVs

The Malaysian government has included the adoption of electric vehicles (EVs) in its National Energy Transition Roadmap (NETR) towards the goal of EVs accounting for 15% of all vehicles sold by the year 2030, rising to 80% by 2050.
At the Malaysia Autoshow 2024 (Photo: Paultan.org)

𝓡 Malaysian automobile industry sees new milestone

The Malaysia Autoshow 2024 has concluded with original equipment manufacturer (OEM) reporting a total of 1.4 billion RM (about 294.4 million USD) potential sales, 2,620 bookings of vehicles, and 13,799 sales leads - marking a significant milestone for the automotive industry.
Car sales in Vietnam down 34 percent in January

Car sales in Vietnam down 34 percent in January

As many as 30,742 cars were sold in Vietnam in January, a decline of 34 percent compared to the previous month, according to a monthly report issued by the Vietnam Automobile Manufacturers Association (VAMA) on February 15.
VinFast sees rising sales in September

VinFast sees rising sales in September

Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4 percent despite the COVID-19 pandemic.
Cambodia uncovers 75 money laundering cases

Cambodia uncovers 75 money laundering cases

Cambodia’s Interior Ministry has so far cracked down on 75 money laundering cases, seized about 8 million USD and confiscated nearly 3,000 vehicles, since the Financial Action Task Force (FATF) placed the country on its grey list a year ago.
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