Perodua officially launches QV-E, Malaysia’s first national EV On December 1, 2025, Perodua, Malaysia unveiled its first BEV, the QV-E, priced at MYR 80,000 (excluding insurance and battery). Developed at a cost of MYR 800 million, the “Quest for Visionary Electric Vehicle” is produced at Perodua’s new Smart Mobility Plant, with current capacity of 500 units per month, set to reach 3,000 units by Q3 2026. The QV-E measures 4,170x 1,800x 1...

News  Updated at: 2025/12/02

DFMC partners with Sinosure for acceleration of internationalization On November 18, Dongfeng Motor Corporation (DFMC) signed a strategic cooperation agreement with China Export & Credit Insurance Corporation (Sinosure) in Beijing. The two companies will deepen all-round cooperation in areas such as capital, technology, services, trade in goods, and investment. By integrating superior resources, they will co-build a comprehensive risk prevention ...

News  Updated at: 2025/11/20

Insurance Institute for Highway Safety qualifies nine U.S. market models for safety awards On October 28, the Insurance Institute for Highway Safety announced nine additional 2025 and 2026 models qualifying for awards in the latest batch of vehicle ratings from the agency. The Top Safety Pick+ winners include the Audi All-new A5, Audi Q6 Sportback e-tron, BMW X3, Ford Explorer, Hyundai Ioniq 9 and Kia Sportage.  The Hyundai Santa Cruz, Nissan Ro...

News  Updated at: 2025/11/12

ity. This includes introducing advanced electric-vehicle technologies through global partnerships, such as BYD, and a range of commercial vehicle brands, contributing to sustainable transport solutions in the Saudi market. Other than mobility, Al-Futtaim will also invest in real estate development, insurance and financial services, and retail experiences. Based on Al-Futtaim press release ...

News  Updated at: 2025/10/31

ent to USD 84,500 from USD 70,000 and R1T went to USD 79,500 from USD 67,500. Rivian's share price fell 39% over the next ten days, stirring complaints from customers online.  To fund the settlement, Rivian will use USD 183 million in cash and USD 67 million from officers' and directors' liability insurance. The payment will be made to an escrow account within 10 business days, with the full USD 250 million expected to be completed within 30 day...

News  Updated at: 2025/10/25

ent of electric vehicle (EV) charging networks. In the field of data, Yazaki aims to analyze the vast amount of vehicle data collected by tachographs (driving recorders) and dashcams, which account for half of the domestic market share, and provide solutions that will help prevent accidents and set insurance rates. (From an article in the Nikkan Jidosha Shimbun on October 23, 2025)...

News  Updated at: 2025/10/23

al investment of USD 50 million and the incorporation of 3,000 BYD Dolphin Mini units into the regional fleet. According to BYD México’s General Director Jorge Vallejo, the program aims to make electric mobility accessible and efficient ahead of the World Cup, offering drivers low down payments, insurance, and maintenance included. OCN will manage leasing plans of 36 months, covering insurance, maintenance, and free home charger installation. ...

News  Updated at: 2025/10/18

6 units in Q3 and was up by 23.7% YoY to 206,214 units in YTD September 2025. BMW Group has also updated its 2025 financial outlook, lowering its sales expectations for China in Q4 2025. The Group will provide financial support to dealers due to reduced commissions from local banks on financing and insurance services. Some expected tariff reductions have not yet materialized, though BMW still assumes the EU-US agreement to cut tariffs from 10% to...

News  Updated at: 2025/10/08

Hyundai Indonesia plans new EV by year-end, strengthens financing and insurance partnerships Reported on October 2, 2025, PT Hyundai Motors Indonesia (HMID) confirmed plans to launch a new electric vehicle in Indonesia by the end of 2025.  According to HMID, the SUV-style MPV segment, which accommodates 6–7 passengers, is currently gaining popularity and could be the focus of the upcoming model. The company also left open the possibility of in...

News  Updated at: 2025/10/02

Chery forges strategic partnership with CPIC, Black Sesame On September 27, Chery announced the recent signing of a strategic cooperation agreement with China Pacific Insurance (Group) Co., Ltd. (CPIC) and Black Sesame Technologies Co., Ltd. (Black Sesame). The three companies will innovate the “technology + insurance” model and empower automobile insurance underwriting with assisted driving technology to build a linkage between risk reductio...

News  Updated at: 2025/09/29

gree LiDAR and camera-based autonomous navigation, capable of detecting objects up to 200 meters, operating safely even in heavy rain, and strictly following local traffic rules. Rides can be booked and tracked via the Grab app, and passengers are automatically covered by Grab’s Personal Accident Insurance. (From WeRide press release dated September 22, 2025)...

News  Updated at: 2025/09/23

r, affected just over 100 employees, with a second round planned later in the month. According to state labor secretary Liliana San Martín Castillo, layoffs will continue progressively until reaching 480 workers by December. The government of Querétaro is providing support through an unemployment insurance program, offering payments of MXN 3,500 per month for up to two months, unless affected workers secure new jobs earlier. The state is also f...

News  Updated at: 2025/09/20

HL Group to assist parts manufacturers facing US tariffs Several South Korean media sources reported that South Korea’s HL Group had signed a business agreement with South Korea’s Hana Bank and the Korea Trade Insurance Corporation regarding a cooperative export financing support package. The package will be prepared to assist automotive parts makers facing US tariffs, and it includes support for guarantee fees, low-interest loans, and prefer...

News  Updated at: 2025/09/17

tions must prioritize Seoul’s national interest. The two governments are said to be split over the investment structure. Seoul wants to reduce upfront equity commitments by using loans and guarantees from state-run financial institutions such as the Export-Import Bank of Korea and the Korea Trade Insurance Corp., while Washington is pushing for a higher proportion of direct investment and demanding control over which projects are selected. Howe...

News  Updated at: 2025/09/17

elect powertrains and features a 5-star safety rating. Customers can choose from 21 variants and ten colour options. Additionally, the Victoris can be acquired through Maruti Suzuki Subscribe, with monthly payments starting at INR 27,707, covering the cost of the vehicle, registration, maintenance, insurance, and roadside assistance. Based on the Maruti Suzuki India press release...

News  Updated at: 2025/09/16

ointly determine the vehicle variants and specifications to meet market needs. ALT Mobility will provide an integrated asset management service, including 24/7 vehicle monitoring and pre-emptive maintenance, aiming to maximize uptime and vehicle utilization. The leasing plan will cover maintenance, insurance, roadside assistance, servicing, challan, and fitness management, offering a comprehensive ownership solution for users. Based on the TVS Mo...

News  Updated at: 2025/09/15

Mercedes-Benz Malaysia launches C200 AMG Line sedan, locally assembled Reported on September 10, 2025, Mercedes-Benz has launched the C200 AMG Line in Malaysia, priced at MYR 292,888 OTR (excluding insurance) for Peninsular Malaysia, with deliveries expected to begin in October. The model is locally assembled (CKD) in Pekan, alongside its siblings the C200 Avantgarde and C350e AMG Line. It comes with distinctive AMG styling, including a bold fron...

News  Updated at: 2025/09/12

ociation, Electric Vehicle Association of Thailand, and the Office of the Consumer Protection Board (OCPB) participated in the meeting. More than 300 complaints have been filed, covering issues such as delayed spare parts, faulty Conversion & Distribution Units (CDUs), slow dealer claim processing, insurance denials, and registration or refund delays. The Council’s proposals call for improved access to service centers, guaranteed long-term avai...

News  Updated at: 2025/09/08

r ingress were unfounded, not backed by any scientific study or oil marketing company (OMC) directive, and have since been removed. The All-India Petroleum Dealers Association (AIPDA) also confirmed no customer complaints on E20. The industry body further emphasized that E20 does not affect vehicle insurance or warranty, as confirmed by the government and insurers. With a higher-octane number improving performance and fuel quality, SIAM reiterate...

News  Updated at: 2025/09/02

tenders, the fire was brought under control the same day and damage was contained to the first floor. The ground floor and basement, housing key production and assembly lines, remained mostly unaffected. Fiem Industries confirmed that its assets are insured, and the process of loss assessment and insurance claims is ongoing. The company has stated it will provide updates as further information becomes available. Based on Fiem Industries' stock ...

News  Updated at: 2025/09/01