Proton hybrid cars – What is the status?

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Proton hybrid cars – What is the status?

Proton hybrid cars – What is the status?

Wednesday, February 22, 2012
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Surely RM270 million can be used elsewhere other than the cash rich Proton.

Now 4 questions I would like to ask are:

 

1) What is the status of these hybrid cars which are currently being used by the government officials? The Energy, Green Technology and Water Ministry or Proton needs to state the road worthiness of the cars. Are all those 30 units doing perfectly well? This is important since RM270 million of government’s money were given to Proton to develop it.

 

2) Since RM270 million was a grant and not a soft loan, the cost of each car (at R & D stage) is roughly about RM9 million. Slightly more expensive than a Bentley Continental. Is this justified?

 

3) Proton has cash balance of RM1.2 billion as at March 2011. Why would it need a further GRANT from the government of RM270 million? Surely RM270 million can be used elsewhere other than the cash rich Proton.

 

4) How much of this RM270 million being paid to third party such as Fraser – Nash and others?

 

Read more at JEBAT MUST DIE.