Gov’t finalising RON 95 fuel subsidy mechanism, assures that prices of goods won’t go up – KPDN - Related to subsidy, assures, push, that, be

Future Electric Vehicles: The EVs You'll Soon Be Able to Buy

The Corvette cinematic universe is about to plunge into a phase so wild that Marvel might start taking notes. Chevrolet has already confirmed that a fully electric Corvette is coming soon—sooner than we might think since the E-Ray hybrid that not long ago broke cover was slated to make its debut first. The Corvette EV will use the same Ultium battery platform as other new GM EVs, and considering the General can get a fifty-trillion-ton Hummer EV to reach 60 mph in under 4 seconds, we have high hopes for the Corvette EV.

But wait, there's more! We're hearing rumors that the Corvette EV will launch into a new Corvette subbrand within GM, which will bring a host of new Corvette-branded models with it, including a four-door "coupe" and a high-performance crossover, which could easily position itself as a Ford Mustang Mach-E competitor—or something even beefier. —Andrew Krok.

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Hyundai, Kia push solid-state EV batteries until 2030, but these rivals are racing ahead

Hyundai Motor Group, including Kia, doesn’t expect to launch solid-state EV batteries until 2030, at the earliest. The business expressed there’s “a lot of uncertainty” around the promising new battery tech. With others, including Mercedes-Benz, Toyota, Stellantis, Honda, and Chinese battery giants CATL and BYD, who will be the first to get the “holy grail” of battery tech on the market?

When is Hyundai launching solid-state EV batteries?

During Kia’s 2025 EV Day earlier this week (see our recap), Hyundai Motor’s global producing planning chief Spencer Cho explained that the promising new battery tech is much more complex than most realize.

Hyundai doesn’t expect its solid-state batteries to be ready for Kia electric vehicles until 2030. And it could be even later.

“I don’t think we can commercialize these batteries before 2030,” Cho stated at the event (via Automotive News). He explained that the timeline is unclear, adding “Once our engineers believe that we have credible technologies that we can bring, then we might produce them on our own.”.

In the meantime, Hyundai and Kia, which pool resources, plan to improve existing battery tech, including lower-cost lithium iron phosphate (LFP) and lithium nickel manganese cobalt (NMC).

Rivals are racing ahead, but will they deliver?

Although several others like Mercedes-Benz and Stellantis in recent times revealed solid-state battery plans, Cho introduced we’ll see which can actually deliver the technology at mass volume.

The comments come after Mercedes-Benz introduced it began testing the “world’s first” production EV from a global OEM powered by a solid-state battery earlier this month. Mercedes stated its slightly modified EQS with a solid-state battery is expected to have a range of over 621 miles.

Mercedes has been working with US-based Factorial Energy since 2021 to launch the new battery tech. In September, they revealed the more advanced “Solstice” battery.

Factorial expressed its “breakthrough” Solstice all-solid-state EV battery is expected to extend driving range by 80% compared to current lithium-ion batteries, suggesting a WLTP range of over 620 miles.

The organization is also working with Stellantis to launch a fleet of electric Dodge Chargers in 2026. The EV muscle cars will be based on Factorial’s FEST (Factorial Electrolyte System Technology), which offers an energy density of over 390 Wh/kg.

Japanese auto giants, Toyota, Honda, and Nissan are all developing solid-state batteries to power their next-gen electric models. Honda unveiled its all-solid-state battery demo production line for the first time in November.

Toyota is teaming up with Japanese oil giant Idemitsu to commercialize its solid-state batteries. On Thursday, Idemitsu unveiled a new large-scale lithium sulfide plant to supply the raw material for Toyota’s all-solid state batteries.

Toyota and Idemitsu aim to begin commercial production in 2027 or 2028, with mass production expected in 2030 or later.

Global battery leaders, CATL and BYD, are also doubling down on the new technology. Earlier this month, Sun Huajun, the CTO of BYD’s battery business (Shenzhen BYD Lithium Battery Co), expressed the organization expects to launch its first all-solid-state battery-powered EV in 2027. Like most, BYD and CATL don’t expect to mass produce the new batteries until 2030 at the earliest.

Earlier this month, local reports claimed Hyundai will reveal its all-solid-state battery pilot line in March, so we may learn more soon.

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Gov’t finalising RON 95 fuel subsidy mechanism, assures that prices of goods won’t go up – KPDN

The rationalisation of RON 95 petrol that will be carried out by mid-year will feature the best possible mechanism to ensure that its benefits reach intended groups and correct people, (KPDN) minister Datuk Armizan Mohd Ali.

He mentioned that the government is now in the final phase of drafting a fair and effective targeting system to ensure that the implementation achieves the set objectives, as Sinar Harian reports.

He added that the target groups who will use the subsidised fuel are currently being identified through discussions between various agencies, including the finance ministry, the transport ministry, the road transport department (JPJ) and the land public transport agency (APAD).

Armizan noted this in a written parliamentary response to a question from Hassan Abdul Karim (PH-Pasir Gudang), who asked the ministry to clarify whether the implementation of the targeted RON 95 subsidy would lead to an increase in the prices of goods and the cost of living for the rakyat.

Regarding these concerns, he assured the public that this targeted subsidy would not lead to uncontrolled increases in the price of goods and services. He noted that to curb price manipulation, the ministry will enhance enforcement through the Price Control and Anti-Profiteering Act 2011 and the Price Control and Anti-Profiteering Regulations 2018.

“Through these regulations, the government will implement Ops Kesan to ensure no parties take advantage by unreasonably increasing prices due to the subsidy targeting,” he stated. He added that various initiatives would be put in place to alleviate the burden on the people.

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