Global Automotive Industry Boosts Billionaires' Wealth, Chinese Tycoons Stand Out
2024/04/02
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BMW iX1 L Officially Launched in Malaysia from RM252,800
BMW Group Malaysia has officially priced the iX1 L long-wheelbase electric SUV, with the sole eDrive20L M Sport variant retailing at RM252,800 on-the-road without insurance—over RM2,000 less than initially estimated. The CBU China-imported model benefits from favorable tax structures, contrasting with the German-built standard iX1. The package includes a standard eight-year/160,000 km battery warranty and two-year unlimited mileage vehicle warranty, with an optional five-year warranty and six-year maintenance plan at RM268,600. Power comes from a front-mounted single motor producing 204 PS and 250 Nm, achieving 0-100 km/h in 8.6 seconds and a top speed of 175 km/h.
Geely Boyue 10th Anniversary Champion Edition Revealed, Cumulative Sales Exceed 2.35 Million Units
Geely has unveiled the Boyue 10th Anniversary Champion Edition to commemorate a decade since the model's launch. As of March 2026, cumulative sales have surpassed 2.35 million units across 60+ countries and regions. The special edition retains the current design with a large shield grille, vertical chrome accents, and boomerang-style fog lamp trim, while adding an exclusive Time Blue paint option and 10th-anniversary commemorative badging. Dimensions remain 4,549 mm long with a 2,707 mm wheelbase, with upgrades focused on exterior and interior enhancements.
GWM Tank 300 HEV Confirmed for Malaysia, 347 PS/648 Nm Hybrid Powertrain
GWM has confirmed the Tank 300 HEV will open for booking in Malaysia, adding a hybrid variant to the locally launched ICE version from July 2024. The HEV combines a 2.0L turbo petrol engine with an electric motor and nine-speed dedicated hybrid automatic transmission, delivering a combined 347 PS and 648 Nm—a significant increase over the ICE's 220 PS and 380 Nm. It features four-wheel drive with front and rear differential locks, tank turn, crawl mode (66% max gradeability), 700 mm wading depth, and an all-terrain control system with seven drive modes. Equipment mirrors the ICE version with added auto parking and smartphone app remote control for doors, windows, climate, and seat ventilation. Safety includes full ADAS with AEB and ACC. Exclusive Sand Beige paint joins Crystal Black and Pearl White options, with 17-inch black wheels and all-terrain tyres. Pricing is expected between the ICE's RM250,000 and the Tank 500 HEV's RM329,000.
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Ferrari Purosangue Handling Speciale Revealed with Exclusive Performance Package
Ferrari has unveiled the Purosangue Handling Speciale optional package, optimizing mechanical and electronic system responses for a more dynamic driving experience while maintaining daily usability. Designed for customers seeking ultimate sporty performance alongside practical needs, the package features exclusive diamond-cut wheels, carbon fiber shield badges, matte black exhaust tips, black prancing horse emblems, matte satin Ferrari lettering, and dedicated interior plaques. Ferrari offers a seven-year scheduled maintenance program covering all routine servicing for its entire production range during the first seven years of ownership.
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Leapmotor A05 Set for May Debut as Compact EV with 405 km and 510 km Range Options
Leapmotor's A05, the second model in its A series, is expected to debut in May with market launch anticipated in June. Positioned as a compact EV, the A05 measures 4,200 mm long with a 2,605 mm wheelbase, featuring the A-series design language with projector headlights and distinctive smiling taillights. Powertrain options include 70 kW and 90 kW motors paired with 39.8 kWh and 53 kWh batteries, delivering 405 km and 510 km CLTC range respectively. The model also offers optional LiDAR for advanced driver assistance capabilities.
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Geely FS21 Production Spy Shots Revealed as Potential Xingrui Successor with Qianli Haohan H5 ADAS
Spy shots of the Geely FS21 production model have emerged, indicating it will serve as the successor to the current Xingrui (FS11). The FS21 prototype was previously unveiled at Geely's i-HEV Intelligent Hybrid technology launch, confirming LiDAR equipment and Qianli Haohan H5 intelligent driving system support, with both HEV and PHEV powertrain options expected. The vehicle is currently undergoing camouflaged testing, with an official launch date yet to be announced.