New national car likely to be hybrid sedan – report

New national car likely to be hybrid sedan – report

The vehicle at the centre of the New National Car Project (NNCP) is likely to be a C-segment sedan that is yet to be named, The Edge Markets quoted AmInvestment Bank Research as saying. According to the research firm, the new national car prototype is scheduled for launch in March 2020, with the first production model expected to makes its debut a year later in March 2021.

“We strongly believe that at the current local technological level, the NNCP will not be a full-electric vehicle. Instead, it will likely be a hybrid vehicle based on an internal combustion engine with an electric propulsion system. As it is likely be a C-segment vehicle, we think that it may not be priced for the mass market but it will be targeting a niche consumer market instead,” it said.

Daihatsu Motor Company (DMC) confirmed last month its involvement in the new national car project, led by Malaysian company DreamEdge. CEO of DreamEdge, Khairil Adri Adnan said in August that the new national car will be a plus-sized B-segment sedan; this was initially mentioned to be a C-segment vehicle during a press conference at that time but was since corrected.

Because of the NNCP’s projected target market, AmInvestment does not see the new vehicle to be a threat to current national automakers Proton and Perodua, the report said, adding that the NNCP is expected to benefit the local electrical and electronics and automotive semiconductor industries through technology transfers and strategic tie-ups with more established brands such as Daihatsu, Toyota and Geely.

“We are already seeing some benefits from the Proton-Geely partnership, where many of the newer Proton models have incorporated updated technologies such as the intelligent infotainment system that has enhanced driving experiences at very affordable price-tags,” adding that it maintains its ‘Buy’ recommendations on shares from MBM Resources and DRB-Hicom.

MBM Resources holds a 20% direct share in Perodua with a further 5% via subsidiary Daihatsu, while DRB-Hicom holds 50.1% in Proton.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Donno on Nov 21, 2019 at 2:36 pm

    So not a flying car eh? Hahahahah (sarcasm)

    Like or Dislike: Thumb up 10 Thumb down 1
  • Chris on Nov 21, 2019 at 2:55 pm

    Tak Payah la… Untuk APA???

    Jangan bazir duit… CB tul… tak marah tak leh!

    Like or Dislike: Thumb up 13 Thumb down 3
  • Fudgemesideways on Nov 21, 2019 at 3:13 pm

    Pls la, these cars will never sreach economic of scale inside and outside of the country against the Koreans, Japanese or even the upcoming Chinese hybrids while 90% of our 32 million population still earn below Rm4k. It only solidifies the divestment of multi billion dollar automotive opportunities to the Thais, Indons and Vietnam.

    Like or Dislike: Thumb up 15 Thumb down 3
  • So which Chinese rebadge with this be next after our ‘National Helicopter’–oops!– ‘National Flying Car’ project?

    Like or Dislike: Thumb up 8 Thumb down 2
  • Anonymous on Nov 21, 2019 at 4:00 pm

    Wasted opportunity. Foolish endeavour.

    While most European markets are planning to ban new combustible engined vehicles altogether by 2030… we are still thinking of Hybrid models…!

    Instead of building another national car brand… R&D and innovation should focus towards creating and developing better and long lasting batteries… and powerful and efficient electric propulsion units.

    This is so yesterday… no forward thinking.

    Like or Dislike: Thumb up 14 Thumb down 2
  • vivizurianti on Nov 21, 2019 at 4:02 pm

    Rakyat…brace yourself harder (again). Here we go again with National Car…

    Like or Dislike: Thumb up 8 Thumb down 1
  • mass market on Nov 21, 2019 at 4:04 pm

    Niche market….semoga berjaya.
    Buat lah apa nak asalkan tak songlap duit rakyat.

    Like or Dislike: Thumb up 4 Thumb down 4
  • John Nak Kopi on Nov 21, 2019 at 4:20 pm

    Ape-apejelah. Good luck

    Like or Dislike: Thumb up 1 Thumb down 3
  • meanwhile manifesto …. masuk longkang dah….

    Like or Dislike: Thumb up 14 Thumb down 0
  • kebal on Nov 21, 2019 at 5:13 pm

    why not just full EV? Unless they are outsourcing the engine from other manufacturer, they are wasting resources on a “stop-gap” solution to the inevitable transition to electric mobility.

    Malaysia has the chance to be the leader in ASEAN region in electric mobility. The business possibilities are endless. From manufacturing motors and batteries, to recycling, to energy storage system, etc.

    Like or Dislike: Thumb up 4 Thumb down 1
  • According to the research firm, the new national car:

    prototype launching – March 2020,
    production model debut – March 2021.

    https://paultan.org/2019/08/09/government-names-dreamedge-as-lead-company-for-new-national-car-technology-support-from-daihatsu/

    It is taking about 18 months – the typical period.
    it’s another 16months till March 2021.

    Seems like some progress available.

    Like or Dislike: Thumb up 1 Thumb down 3
  • M50B25 on Nov 21, 2019 at 6:44 pm

    What’s so national about it?
    1. Not Malaysian technology
    2. Rakyat can’t own because it is niche
    Another syok sendiri flying car like project

    Like or Dislike: Thumb up 16 Thumb down 2
  • hybrid…flying car…or autonomous car…sedan…suv…supercar…

    they cant make up their mind ^^

    Like or Dislike: Thumb up 6 Thumb down 0
  • Wtf ROFL on Nov 21, 2019 at 11:18 pm

    What national car? Cut and paste from other japanese manufacturers? A national car should be made 100% from malaysians. Proton was japanese, Perodua is also japanese and the 3rd also japanese. What nonsense is all these. BMW, MERCS are national cars, VOLVO are national cars, HYUNDAI is also national cars. When can we really have a national car?

    Like or Dislike: Thumb up 10 Thumb down 1
  • MusTanG on Nov 21, 2019 at 11:58 pm

    So.. Where’s the showcase capability said to be presented during last Merdeka celebration?

    Like or Dislike: Thumb up 1 Thumb down 0
  • Ksatria on Nov 22, 2019 at 12:03 am

    Enough with all the BS!
    Give us EV or at least plug in Hybrid as minimum!

    Like or Dislike: Thumb up 3 Thumb down 0
  • john doe on Nov 22, 2019 at 8:45 am

    Under the name of “national” local people will buy regardless it is re-badge or whatever. Is a scam to make import car price expensive, and benefit the cronies as always…
    And no one felt problem that “national” product cant even sell outside of the country…

    Proton X70 is fully imported and contribute to China GDP! that is China national product exported to Malaysia dude!

    Like or Dislike: Thumb up 5 Thumb down 1
  • yoyo2020 on Nov 22, 2019 at 10:04 am

    This is what kind of NATIONAL CAR? Another proton and perodua, a company that hire all cronies to be its management and suppliers, the history just fxxking repeat again. Harapan my axx..just BN 2.0….

    Like or Dislike: Thumb up 5 Thumb down 1
  • Not Toyota Fan on Nov 22, 2019 at 10:46 am

    Satu lagi Projek Songlap wang Rakyat. Damn the politicians.

    Who wanna bet it will be a China product?

    Like or Dislike: Thumb up 7 Thumb down 0
  • Kantanka on Nov 22, 2019 at 12:28 pm

    dah basi.
    Kantanka, kereta nasional Ghana lagi bagus.

    Like or Dislike: Thumb up 2 Thumb down 0
  • Cuckoo bird on Nov 22, 2019 at 3:47 pm

    I think we should buy the rights to the Reliant Robin and manufacture them here as our 3rd national car

    Like or Dislike: Thumb up 0 Thumb down 0
  • Fauzi on Nov 24, 2019 at 4:53 pm

    Wtf national car

    Like or Dislike: Thumb up 0 Thumb down 0
 

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