GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Shanghai 2019: Geely To Debut Full EV Concept Sedan Shanghai 2019: Geely To Debut Full EV Concept Sedan Auto News Eric | April 04, 2019 05:38 pm During our recent trip to Geely’s headquarters in Hangzhou, Vice President of Public Relations of Geely Group, Victor Young revealed that the company will be unveiling a pure EV concept sedan at the 2019 Shanghai Auto Show.This came after questions about the sustainability of sedans, as most global markets have seen a decline in sales for sedans while the demand for SUVs continue to climb.According to Young, over the past five or six years, car buyers in China have been buying a lot of SUVs, increasing the market share for SUVs from roughly 30% to about 60%. However, the market has experienced a change in 2018, as the sedan segment has started to pick up again, while demand for SUVs have slowed down a bit.He added that this was likely due to the introduction of tax-incentivised hybrid and full electric vehicles, as majority of electrified vehicles in China are sedans. Young went on and explained that in order to remain relevant with the market, traditional sedans will eventually evolve into crossover-style, sporty sedans. For reference, Geely's subsidiary Volvo recently introduced the Polestar 2, a full-electric crossover-esque sedan. The new pure EV concept sedan, according to Young, will feature Geely’s latest design language, in addition to new autonomous and connectivity technologies.Underpinning the new concept is the tried-and-tested Compact Modular Architecture (CMA) platform. The CMA platform already underpins several Geely, Lynk&Co, and Volvo models.Geely GE11 picturedThe upcoming pure EV concept sedan should not be confused with the soon-to-be introduced GE11, itself set to be introduced soon. The GE11 will be launched in Singapore next week, most likely as part of a fleet purchase by a ride-hailing company. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Geely Shanghai Shanghai 2019 Print Related News Shanghai 2019: Geely Unveils Preface Concept - Previewing The Future Auto News Eric | April 16, 2019 Geely has unveiled its latest concept model called the Preface Concept at the ongoing 2019 Shanghai Auto Show.Built on the company’s flexible CMA ... Shanghai 2019: Lexus Drops Another LM Teaser Auto News Eric | April 10, 2019 Ahead of next week’s 2019 Auto Shanghai, Lexus has dropped another teaser of the upcoming LM, the company's first-ever luxury MPV.This time around, ... Shanghai 2019: The Mercedes-Benz GLB Is A Long Wheelbase, 5+2 Seater GLA Auto News Hans | April 16, 2019 At yesterday’s opening of the Auto Shanghai motor show, Mercedes-Benz has announced that it is introducing a new nameplate to its growing compact car ... Shanghai 2019: Audi Unveils AI:ME Concept City Car Auto News Arvind | April 16, 2019 Audi has unveiled the AI:ME concept vehicle at the ongoing Auto Shanghai motor Show – a city car of the future which offers compact dimensions, a ... Comments
Shanghai 2019: Geely To Debut Full EV Concept Sedan Auto News Eric | April 04, 2019 05:38 pm During our recent trip to Geely’s headquarters in Hangzhou, Vice President of Public Relations of Geely Group, Victor Young revealed that the company will be unveiling a pure EV concept sedan at the 2019 Shanghai Auto Show.This came after questions about the sustainability of sedans, as most global markets have seen a decline in sales for sedans while the demand for SUVs continue to climb.According to Young, over the past five or six years, car buyers in China have been buying a lot of SUVs, increasing the market share for SUVs from roughly 30% to about 60%. However, the market has experienced a change in 2018, as the sedan segment has started to pick up again, while demand for SUVs have slowed down a bit.He added that this was likely due to the introduction of tax-incentivised hybrid and full electric vehicles, as majority of electrified vehicles in China are sedans. Young went on and explained that in order to remain relevant with the market, traditional sedans will eventually evolve into crossover-style, sporty sedans. For reference, Geely's subsidiary Volvo recently introduced the Polestar 2, a full-electric crossover-esque sedan. The new pure EV concept sedan, according to Young, will feature Geely’s latest design language, in addition to new autonomous and connectivity technologies.Underpinning the new concept is the tried-and-tested Compact Modular Architecture (CMA) platform. The CMA platform already underpins several Geely, Lynk&Co, and Volvo models.Geely GE11 picturedThe upcoming pure EV concept sedan should not be confused with the soon-to-be introduced GE11, itself set to be introduced soon. The GE11 will be launched in Singapore next week, most likely as part of a fleet purchase by a ride-hailing company. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Geely Shanghai Shanghai 2019
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Shanghai 2019: Geely Unveils Preface Concept - Previewing The Future Auto News Eric | April 16, 2019 Geely has unveiled its latest concept model called the Preface Concept at the ongoing 2019 Shanghai Auto Show.Built on the company’s flexible CMA ...
Shanghai 2019: Lexus Drops Another LM Teaser Auto News Eric | April 10, 2019 Ahead of next week’s 2019 Auto Shanghai, Lexus has dropped another teaser of the upcoming LM, the company's first-ever luxury MPV.This time around, ...
Shanghai 2019: The Mercedes-Benz GLB Is A Long Wheelbase, 5+2 Seater GLA Auto News Hans | April 16, 2019 At yesterday’s opening of the Auto Shanghai motor show, Mercedes-Benz has announced that it is introducing a new nameplate to its growing compact car ...
Shanghai 2019: Audi Unveils AI:ME Concept City Car Auto News Arvind | April 16, 2019 Audi has unveiled the AI:ME concept vehicle at the ongoing Auto Shanghai motor Show – a city car of the future which offers compact dimensions, a ...