Latest news with #ProtonHoldingsBhd
New Straits Times
8 hours ago
- Automotive
- New Straits Times
Proton sales up 6pct in May, marking third straight month of growth
KUALA LUMPUR: Proton Holdings Bhd sold 13,328 vehicles in May, comprising domestic and export sales as well as units from its smart and Proton ranges. In a statement today, the national carmaker said the figure represents a 6.1 per cent increase from May 2024 and marks the third straight month of sales growth. For the March-to-May period, year-on-year (YoY) sales rose 10 per cent, bringing year-to-date (YTD) sales to 61,087 units. Proton estimates a 19.2 per cent market share for May, based on a projected total industry volume (TIV) of 69,495 units. The YTD market share is also forecast at 19.2 per cent. According to Proton, individual volume drivers this year include the Proton X50 and Proton X70, which have sold strongly since the introduction of their updated variants last year. Export sales have also been strong, now 36.6 per cent ahead of 2024, while the Proton 7 led EV sales for a fifth consecutive month in May while breaking through the 900-unit sales barrier for the very first time. Proton chief executive officer Dr Li Chunrong said after a slow start to 2025, sales of Proton vehicles have shown an upward trend over the last three months. He added that this is a direct result of the group's promotion efforts as well as the strong attraction car buyers have to our range that offers stylish, technology driven products sold via an industry leading network of 3S/4S outlets. "Going into the second half of 2025, Proton is confident we can maintain our momentum as we initiate a flurry of events and model introductions in line with the next phase of our overall business plan," he said. With new vehicle sales in Malaysia nearing saturation, Proton said it is ramping up efforts to strengthen its presence in overseas markets. It added that 2025 has seen multiple events promoting its overseas presence, kicking off with the launch of the CKD Proton Saga in LHD form for the Egyptian market and two 7 focussed activities in Nepal and Singapore. The carmaker noted that June will see the introduction of the company's EV in Trinidad & Tobago, its second export market after Nepal, which is expected to increase its numbers beyond the 233 units exported thus far. The top export model is the Proton Saga with 710 units followed by the Proton X50, which has grown its YTD export sales by 360 per cent to 694 units. "The increased focus placed on growing export sales is paying short term dividends as we see an immediate uptick in volume. "Penetrating and being successful in overseas markets requires long-term commitment and Proton is confident we can achieve our goals with a structured plan to manage our expansion," Li Chunrong said.
The Sun
6 days ago
- Automotive
- The Sun
Proton appoints Ainol Azmil as covering deputy CEO
KUALA LUMPUR: Proton Holdings Bhd (Proton) has announced the appointment of Ainol Azmil as covering deputy chief executive officer (CEO), effective June 10, 2025. The carmaker said he will cover the role of Roslan Abdullah, who is leaving after serving five years as deputy CEO, and reporting directly to the group's chief executive officer Dr Li Chunrong. 'Concurrently, he will continue to serve his existing portfolio in corporate strategy and group technical procurement,' it said in a statement today. The company said Roslan has helped Proton reinforce its position as a prominent brand in Malaysia while also entering the electric vehicle market with its first product, the Proton 7. 'Proton welcomes Ainol to the role of covering deputy CEO. We are confident in his ability to take on this temporary appointment,' it said.
New Straits Times
08-05-2025
- Automotive
- New Straits Times
Proton to launch second EV model in Q4
KUALA LUMPUR: Proton Holdings Bhd's wholly-owned Proton New Energy Technology (Pro-Net) is set to launch its newest electric vehicle (EV) model called 5 in the fourth quarter of 2025. Pro-Net chief branding officer Salawati Mohd Yusoff said the latest EV differs from its first model, the 7, in terms of segment as the former EV is a compact sport utility vehicle (C-SUV), while the 5 falls under the B-segment hatchback category. "Thus, in terms of size, the 5 is much more compact than the We will be offering five different colour options for this model. "In terms of pricing, we cannot reveal it just yet, but our models are generally priced above RM100,000. We hope to position the price of the newest EV slightly better and more affordable," she told Bernama at the Malaysia Autoshow 2025 on Thursday. The 5 will be available in two variants - the Prime model with a range of 345 kilometres (km), and the Premium variant, offering a range of up to 410km. Pro-Net is confident that the latest EV will be well received in the market, given the encouraging response to its first EV model, as Malaysians have shown growing interest and openness towards switching to EVs. To date, a total of 2,700 units of 7 have been sold since its initial launch in December last year, Salawati said.
The Star
08-05-2025
- Automotive
- The Star
Proton to launch e.MAS 5 EV in Q4 2025 with five colour options
SERDANG: Proton Holdings Bhd's wholly owned subsidiary, Proton New Energy Technology Sdn Bhd (Pro-Net), is set to launch its newest electric vehicle (EV) model, the 5, in the fourth quarter of 2025. Pro-Net chief branding officer Salawati Mohd Yusoff said the latest EV is in a different segment than its first model, the 7. The 7 is a compact sport utility vehicle (C-SUV), while the 5 falls under the B-segment hatchback category. "In terms of size, the 5 is much more compact than the and we will be offering five different colour options for this model. "In terms of pricing, we cannot reveal it just yet, but our models are generally priced above RM100,000. "We hope to position the price of the newest EV slightly better and more affordable," she told Bernama at the Malaysia Autoshow 2025 here on Thursday (May 8). Salawati added that the will be available in two variants - the Prime model, with a range of 345km, and the Premium variant, offering a range of up to 410km. She said the company is confident that its latest EV will be well-received, given the encouraging response to the 7 as Malaysians have shown growing interest and openness towards switching to EVs. To date, a total of 2,700 units of the 7 have been sold since its launch in December 2024, she said. Held for the third consecutive year, MAS 2025 featured 200 exhibitors and more than 500 vehicles. – Bernama
The Star
06-05-2025
- Automotive
- The Star
Proton returns to Singapore with showcase at Car Expo 2025
KUALA LUMPUR: Proton Holdings Bhd (Proton) is returning to Singapore with its first electric vehicle (EV), the Proton 7. In a statement last Friday, the national carmaker said the comeback followed the model's international debut in Nepal at the end of March. The 7 was available for a special public preview at The Car Expo 2025 over last weekend. Riding on its success as Malaysia's best-selling EV in the first four months of this year, Proton said the unveiling marks the brand's return to Singapore after more than a decade. 'Partnering with newly appointed authorised distributor Vincar Group, Proton is re-entering an export market that ranks second globally in per-capita gross domestic product (GDP) based on purchasing power parity. 'Looking ahead, Vincar will spearhead retail operations for Proton's EV lineup under the brand, offering Singaporean drivers high-quality EVs designed for urban lifestyles,' it said. Meanwhile, Proton's chief executive officer Dr Li Chunrong said the debut of the Proton 7 in Singapore marked a significant step in the company's international expansion and reflects its commitment to delivering high-quality, technologically advanced EVs to the region. 'We are confident that the 7, with its compelling features and suitability for urban environments, will resonate well with Singaporean drivers as the nation embraces electric mobility,' he said. The carmaker noted that many visitors viewed both Prime and Premium variants of the powered by a high-performance 12-in-1 electric drive system and an Aegis short blade battery, at booth D25 in Singapore Expo Halls Three and Four. Proton also said its return to Singapore aligns with the nation's accelerating transition to green mobility. According to the company, Singapore's EV market share has steadily increased from 12% in 2022 to 18% in 2023, with projections reaching 55% by 2027. 'To support this shift, Singapore aims to install at least 12,000 EV charging points in approximately 2,000 Housing and Development Board carparks by this year, and 60,000 by 2030. 'Additionally, the government targets 100% of vehicles to run on cleaner energy by 2040, contributing to Singapore's net-zero emissions goal by reducing land transport emissions,' it said. Back in Malaysia, Proton added that it has received more than 6,000 bookings for the 7, demonstrating growing interest among Malaysians in switching to EVs – provided the overall package meets expectations. Organised by SPH Media, Car Expo 2025 is touted to be Singapore's largest car show. According to posts on social media by Proton, the eMas 7 will be offered in Singapore as a Founders Edition on a limited basis. According to the Proton website, the the eMas 7 starts from RM105,800 for the Prime, going up to RM119,800 for the Premium. The automaker has not made any announcements about pricing in Singapore. — Bernama
