BUKIT LANJAN: Even the US needs to Look East (China) … we rule Malaysia, not China!
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| Ford will market electric vehicles under a local brand under its new joint venture with Anhui Zotye Automobile, rather than using its own name. © Reuters |
BUKIT LANJAN: Even the US needs to Look East (China) … we rule Malaysia, not China!
https://www.reuters.com/article/us-ford-china-electric-vehicle-idUSKCN1B20QA (VIDEO)
AFP Relaxnews report titled “Ford looks East for electric car development” posted by The Star Online Tech News tells you how significant China’s science and technology has progressed thus far.
This should capture the attention of critics of China’s investments to Malaysia to think carefully before condemning the federal government’s current “Look East (China)” focus.
“At least, in terms of development of affordable electric cars, US automotive giant Ford is eating humble pie with plans to team up with Chinese zero-emissions vehicle maker Anhui Zotye Automobile,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.
According to the report, Syed Razak said, Ford’s “Look East (China)” move was to fast-track the development of affordable electric cars.
China is already the world's largest market for electric cars and is fast becoming a hotbed of automotive innovation as more and more of its domestic automotive brands explore new and interesting ways of creating cars that minimise gasoline use or eliminate it altogether.
“Now, what say Anti-China Prophets of Doom in Malaysia? Proton teams up with China’s Zhejiang Geely Holdings Group also criticise.
“China investments into construction in Malaysia, also whack! Is it really all that bad when China is willing to invest in Malaysia and bring along its superior technology?
“Are you saying there’s nothing that Malaysians and Malaysia can learn from the Chinese investors and their technology experts?”
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| This also cannot? This also subject of China-bashing? |
“Constructive criticisms are most welcome. But, facts are facts. Speculations are not facts.
“Condemning China’s investments into Malaysia with speculations of fear of losing sovereignty is just pure speculation, not a fact. A sovereign country does not lose its sovereignty by approving foreign investments.
“A country loses its sovereignty only if the rakyat (people) and the federal government allow it. Are we giving up our right to elect the government of the day every five years?
“We rule Malaysia! Not China!”
Here’s what was reported on Ford’s “Look East (China)” policy for electric car development:
"Tech News
Home > Tech > Tech News
Friday, 25 August 2017 | MYT 6:00 AM
Ford looks East for electric car development
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| Ford is partnering with Anhui Zotye Automobile on an electric car for the Chinese market. — AFP Relaxnews |
US automotive giant Ford is teaming up with Chinese zero-emissions vehicle maker Anhui Zotye Automobile to fast-track the development of affordable electric cars.China is already the world's largest market for electric cars and is fast becoming a hotbed of automotive innovation as more and more of its domestic automotive brands explore new and interesting ways of creating cars that minimise gasoline use or eliminate it altogether.
Ford's own data forecasts that by 2025, Chinese drivers will be buying six million "New Energy Vehicles" (NEVs) annually and that two-thirds of these vehicles will be plug-in electric cars.
Therefore, the company is looking to get a strong foothold in this market by forming a joint venture with Anhui Zotye Automobile – currently the market leader in the domestic compact electric car market – and developing an all-new zero-emissions vehicle.
"The potential to launch a new line of all-electric vehicles in the world's largest auto market is an exciting next step for Ford in China," said Peter Fleet, president, Ford Asia Pacific.
The new vehicle would also see the creation of a new automotive brand co-owned by the two firms and dedicated to plug-in cars. "This presents us with an exciting opportunity to leverage each other's strengths in achieving a win-win situation for both parties' growth in the fast-evolving Chinese electric vehicle market," said Anhui Zotye Automobile president Jin ZheYong.
On Tuesday, Ford also officially launched a first-of-its-kind scrappage scheme for UK drivers, whereby it would offer incentives of between £2000-£7000 (RM10,700--RM38,500) for owners of cars registered before December 2009 to trade up to a new Ford.
What sets the scheme apart from others currently on offer around Europe from the likes of Mercedes, BMW, Fiat and VW is that Ford has pledged to scrap every single traded vehicle – meaning that thousands of polluting cars will be removed from the roads for good – rather than pass the cars in good condition on to the used market.
"Removing generations of the most polluting vehicles will have the most immediate positive effect on air quality," said Andy Barratt, Chairman and MD of Ford Britain. "We will ensure that all trade-in vehicles are scrapped. Acting together we can take hundreds of thousands of the dirtiest cars off our roads and out of our cities." — AFP Relaxnews"
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N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF
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Good article Dato Syed. Malaysians need to be able to discern between facts and speculation. Unfortunately for the majority of people, speculation is real and high weightage is given which explains the overall negative sentiment toward Chinese investments in our country.Such predicament would be disastrous in terms of growth in innovation and technology that underpin our country's growth.
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