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  Vingroup eyeing potential US IPO of VinFast that could raise USD2 billion and USD50 billion valuation – report

  14 April 2021 / 7 comments

  Vingroup is considering an initial public offering (IPO) in the United States of its automotive subsidiary VinFast, which could raise about USD2 billion (around RM8.3) billion, according to a report by Bloomberg. Speaking to people […]

   

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  Grab agrees to a RM163.5 billion SPAC merger deal, paving the way for an IPO and listing on the NASDAQ

  14 April 2021 / 32 comments

  Grab Holdings has agreed to a US$39.6 billion (RM163.5 billion) merger deal with US-based special purpose acquisition company (SPAC) Altimeter Growth Corp, paving the way for an initial public offering (IPO) and NASDAQ listing later […]

   

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  2021 Kia K3 facelift revealed – updated Cerato/Forte gets new styling; launching in South Korea this April

  14 April 2021 / 7 comments

  Kia has released official images of the facelifted K3 (also known as the Cerato and Forte), which is set to go on sale in South Korea this April. The third-generation C-segment sedan was first revealed […]

   

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  Toyota Crown Kluger SUV sighted in homologation documents; 2.5L hybrid powertrain for China market

  14 April 2021 / 3 comments

  The Toyota Crown Kluger SUV has been revealed in homologation documents for the China market, as published by the Ministry of Industry and Information Technology in China. Though yet to be officially announced by Toyota […]

   

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  2021 MINI John Cooper Works debuts – new styling; 231 PS and 320 Nm; 0-100 km/h as low as 6.1 seconds

  14 April 2021 / 0 comments

  Following the debut of the facelifted MINI 3-Door in January this year (which also saw the updated 5-Door and Convertible), the British marque has now revealed the John Cooper Works version of its well-known hatchback. […]

   

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  Next-gen self-driving Volvos to be powered by Nvidia – new powerful Orin chip allows unsupervised autonomy

  14 April 2021 / 4 comments

  Volvo Cars has announced that it will deepen its collaboration with Nvidia, and will be the first automaker in the world to use the Nvidia Drive Orin system-on-a-chip (SoC). This SoC will be used to […]

   

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  Hyundai Staria detailed – Starex replacement is larger, gets 177 PS 2.2L diesel, 272 PS 3.5L petrol V6, AEB

  13 April 2021 / 16 comments

  Having already revealed the design of the Staria last month, Hyundai has released full information on its new van/MPV. Replacing the Starex, this model marks a sea change from its predecessor with a far more […]

   

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  VinFast chooses Nvidia SoCs for its electric vehicles

  13 April 2021 / 8 comments

  VinFast VF33 VinFast has announced the official names of its three upcoming electric SUVs that were first revealed in concept form last year. The smallest of the trio is the VF e34 (previously the VF31) […]

   

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  Perodua Aruz launched in Singapore – RM286,461

  13 April 2021 / 28 comments

  The Perodua Aruz has made its launch debut in Singapore, where it is offered in a sole 1.5L X variant priced at SGD92,999 (RM286,461) inclusive of GST and certificate of entitlement (COE) – that’s around […]

   

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  Yamaha announces 469 hp 800-volt prototype electric motor for high-performance EVs – order books open

  13 April 2021 / 4 comments

  Yamaha has announced that it has developed an electric motor unit with a maximum output in the 350 kW class (469 hp) at an operating voltage of 800 V, designed for installation in high-performance ‘hyper-EVs’ […]

   

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  Citroen C5 X crossover debuts – petrol, plug-in hybrid powertrains; Level 2 autonomous driving capability

  13 April 2021 / 2 comments

  Following development car spyshots and an official teaser, the Citroen C5 X has now made its debut as a crossover, departing from the previous generation’s sedan shape. Inspiration for the design of the C5 X […]

   

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  Toyota BZ electric SUV teased, to be revealed April 19

  13 April 2021 / 2 comments

  It’s safe to say that Toyota has been rather behind the curve on the electric vehicle front, despite having plenty of experience with hybrid and hydrogen fuel cell technology. But the Japanese juggernaut is planning […]

   

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  Honda to debut EV proto, new PHEV at Auto Shanghai

  13 April 2021 / 2 comments

  Honda has announced its list of exhibits for the Auto Shanghai 2021 show, and there will be some new metal there. By the way, this is an actual live motor show, just like those we […]

   

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  MINI plans for electric vehicle range comprised of new Minor, hot hatch, MPV and larger Countryman SUV

  12 April 2021 / 1 comment

  MINI Electric Pacesetter Formula E safety car Major plans are afoot for MINI, which is set to become a fully electric carmaker by 2030 and produce its last internal combustion-engined car by 2025, and there […]

   

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  Proton to begin assembly operations in Pakistan in Q3 2021 – planned build capacity of 25,000 units a year

  12 April 2021 / 6 comments

  Proton has announced that production in Pakistan will begin later this year. The automaker said that Al-Haj Automotive, its partner in the country, is set to commence local assembly operations at its new plant in […]

   

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