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Category: EV and Cars

oil platfrom rig in the middle of the ocean
EV and Cars

Do we expect lower petrol prices soon?

Nope, not talking about the removal of subsidy for RON95. Of course that would push prices up lah. However, there’s this news that the global demand for oil is slowing down. Nope, I seriously do not believe this lower demand for oil is caused by Electric Vehicles (EVs). Not yet anyway until the sale of TVs surpass the world’s total number of internal combustion engine cars. As of now, the percentage is still very low except for probably China. China still needs huge imports of oil for all its industries yeah, so the demand will not go down simply because they have more EVs.

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gray electric car parked on a charging bay
EV and Cars

RM32 billion investment into Tanjung Malim, Perak

In 2023, Geely was the top 4 manufacturer for EVs. Here is the comment for them in an article about the top 10 EV manufacturers: “Experiencing major growth in 2022, GEELY is now operating more in the EV space. With the launch of the latest brand Zeekr, and the transition of its UK-based company Lotus, there are some major changes happening for the organisation to acquire a 5.86% share of the market.” Read the full article here for all the other car brands too: https://energydigital.com/top10/top-10-electric-vehicle-companies

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Top 20 EVs sold in Malaysia in 2024 belongs to…

In terms of savings, EVs do NOT save money versus your usual petrol engined car yeah. It is cheaper per km to run than any internal combustion engine (ICE) car but the price is already by far higher for the same size segment. There is no way you can save enough from the fuel costs in your EV lifetime yeah. So, if you are also thinking of EV, please do not think of it as saving money yeah. It is not the correct mindset. Just think of it as I just love EV. Period. Haha. Anyway, I may still decide not to buy an EV yeah. We shall see.

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distributor on a petrol station
EV and Cars

How many of us can afford to lose RM7.8 million per day?

This was an article about petrol subsidy rationalisation. Why do people from other countries love our petrol? (click to read) As a taxpayer, I hate it when strangers from other countries are benefiting from our subsidy and the government is spending tax money on further making others rich instead. Plus all the greedy station owners who chose to NOT to stop these purchases by foreigners who do not qualify to receive subsidies from our tax money.

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industrial containers and warehouse premises of plant
Oil Price Related

Bad News: Oil Prices could hit US$100 in 2024?

Currently, our RON95 is RM2.05 per litre. Within this year, it is expected that the subsidy for RON95 will be taken away and we could be looking at paying prices which are very much higher than what we are paying today. Do you want to know what are the typical prices? Here’s one very comprehensive article for your reference yeah: “Why people love to buy petrol in Malaysia if they could?” So, if the subsidy is taken away and then the below news are to happen:

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