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VinFast’s Nasdaq Debut Sparks Share Surge

VinFast, the Vietnamese electric vehicle (EV) manufacturer, witnessed a surge in its shares during its Nasdaq debut on Tuesday, riding the wave of its recent $23 billion backdoor listing. This strategic move paves the way for VinFast to potentially secure investments from global stakeholders within the next 18 months.

The company’s stock made a soaring entrance at $22 (RM101) per share, surpassing the initial $10 (RM46) per share valuation set in collaboration with VinFast’s SPAC partner, Black Spade Acquisition. This upward trajectory continued throughout the trading session, culminating in a closing price of $37.06 (RM171.57) per share. Consequently, VinFast’s market capitalisation soared to $85 billion, eclipsing the market values of automotive giants like Ford at $48 billion and General Motors at $46 billion.

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BMW Group Malaysia Celebrates Two Decades of Success and Innovation

In a defining move back in 2003, the BMW Group set foot in the heart of Malaysia by establishing its headquarters in Cyberjaya. This strategic choice underscored the nation’s regional significance and BMW’s ambitious aim of securing its position as Malaysia’s premier luxury carmaker. Embarking on a journey of growth, the BMW Group has traversed remarkable milestones, and in this article, we delve into their remarkable 20-year legacy, highlighting their achievements, innovative ventures, and contributions to the Malaysian automotive landscape.

A Vision Takes Shape: BMW’s Entry into Malaysia

The year 2003 marked a transformative chapter in Malaysia’s automotive history as the BMW Group positioned its headquarters in Cyberjaya. This move was not just about setting up offices; it signified the brand’s intent to integrate deeply into the fabric of Malaysia’s automotive identity. By establishing a physical foothold, BMW sent a clear message about their commitment to flourishing within the nation’s vibrant landscape.

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20-Years Of The Mercedes-Benz SLR McLaren

The legendary Mercedes-Benz SLR McLaren turns 20 this year, and to honour the milestone, McLaren hosted a number of high-profile models and commemorative events at its McLaren Technology Centre (MTC) in Woking, United Kingdom.

The SLR’s history began in the middle of the 1990s when McLaren and Mercedes-Benz were partners in Formula 1. The SLR is the result of the team’s desire to give customers a taste of its several successes (constructors’ champions in 1998, drivers’ champions in 1998, 1999, and 2008).

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Gran Turismo: A movie or a documentary?

Let me start by saying hats off to Sony and PlayStation for putting the effort into making this. Growing up, most car enthusiasts spent a lot of time playing Gran Turismo on their PlayStation 2 and that’s where we got to learn about the different parts of a car that come together and make the whole car. So, to finally see this come to reality after years, makes the kid in all of us jump for joy.

It was revealed in July 2013 that Sony Pictures was working on a Gran Turismo movie, with Alex Tse serving as the scriptwriter and Michael De Luca and Dana Brunetti serving as the producers. The movie was scheduled to be directed by Joseph Kosinski in 2015, with a fresh screenplay by Jon and Erich Hoeber. However, the Kosinski version stopped progressing by 2018.

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Brabus 600: A Five-Door Supercar With Pistachio Upholstery!

We recently saw Brabus turn the Maybach S680 into the most potent S-Class in the world and now a new project has been unveiled. The Brabus 600, a Range Rover turned into a five-door supercar.

Brabus’ redesign of the Range Rover begins on the exterior with a new front bumper that includes additional carbon fibre components and an apron that is intended to decrease lift at high speeds. It features a new diffuser and wing on the back, and for the wheels, they went with the Monoblock ZV set, which has 24-inch wheels. The new control module for the air suspension, which lowers the body by up to 20 mm, allows the 20-spoke alloy wheels to fit under the arches.

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Sabah Unveils State’s First Public EV Charging Facility

Great news for EV fans in Sabah! The first public EV charging station in Sabah has been launched by Regas Premium Sabah and is situated in the T1 @ Bundusan parking garage’s basement.

This not only promotes the use of EVs but also lines up with government incentives meant to boost environmentally friendly modes of transportation.

In order to create a charging network that is accessible, practical, and in step with the rising demand for environmentally friendly transportation across the country, Regas Premium Sabah has partnered with JomCharge, a well-known leader in the EV charging solutions market.