When it comes to Honda, the most talked about models are the NSX, Civic and S2000. However, one legendary model is always left out -the Honda Prelude.
The Prelude has been produced over five generations from 1978 to 2001. It was inspired by the Honda Accord and became the first Honda car to have a moonroof, which was included in all its models over the years.
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Chery Malaysia announced the successful completion and delivery of the first Completely Knocked Down (CKD) cars, the Omoda 5 and Tiggo 8Pro.
The handover event took place at the Inokom CKD Plant in Kulim, Kedah. The symbolic key was passed from Mr. Sui Keng Huat, Managing Director of Inokom Corporation, to Mr. Xu Jing Zhong, Plant Operation Director of Chery Malaysia.
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Leading Malaysian digital lending platform, Direct Lending, has joined forces with Petronas AutoExpert to introduce an all-digital car service payment plan for Malaysian car owners. This plan is Shariah-compliant and fully digital, aiming to simplify the lives of customers and offer an edge to Petronas AutoExpert’s service centres.
This partnership brings the Buy Now Pay Later (BNPL) model into play, allowing car owners to space out payments for their car service and repair costs over a maximum of 12 months. This offering is available at all 55 Petronas AutoExpert centres across Malaysia, providing greater flexibility for managing expenses.
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VinFast, a Vietnamese electric vehicle manufacturer, has the third-highest market value globally among automakers, behind Toyota and Tesla.
Established in 2017, VinFast began operating electric vehicles in 2022. There are hopes for future growth even if it posted a financial loss in 2022 and its electric vehicle operations are not yet profitable. The business intends to build a facility in North Carolina.
Toyota Motor is preparing to resume operations at its assembly plants in Japan on Wednesday. This comes after a malfunction in its production system caused a complete halt in domestic output for the world’s largest automaker.
Toyota intends to gradually recommence operations at 25 production lines situated within a dozen plants in its home market. The process will continue as the final two plants are slated to become operational again later in the afternoon of the same day.
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Gentari’s Deputy CEO and Chief Green Mobility Officer, Shah Yang Razalli, has highlighted that Malaysia’s fuel subsidy policy goes against its efforts to encourage the use of electric vehicles (EVs). This conflict is hindering the overall push towards greater EV usage in the country.
As reported by TheEdge Malaysia, Razalli stressed that a key aspect in driving EV adoption is achieving a balance in the total cost of ownership (TCO). In simpler words, the question is: Is it more cost-effective to buy and run an EV over its entire lifetime compared to a traditional internal combustion engine (ICE) vehicle? This topic was discussed during a session at the Energy Transition Conference held on August 28.
The obstacle to achieving cost parity between EVs and ICE vehicles is the presence of financial incentives. These incentives include direct subsidies for purchasing EVs and additional benefits such as free public charging, parking, or tolls. At the same time, any discouragement of fossil fuel usage is influenced by measures like fuel taxes or carbon taxes.
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