BYD Malaysia has formally confirmed plans to arrange a neighborhood meeting (CKD) plant positioned in Tanjong Malim, Perak. Occupying an space of 600,000 sq. metres, the brand new facility (100% invested by BYD) is anticipated to start car manufacturing within the second half of 2026, though the corporate isn’t mentioning what mannequin would be the first to roll off the road for now.
At current, BYD sells six fashions in Malaysia, all of them absolutely electrical and imported from China. With the continued authorities incentives for EVsthese CBU fashions are at present exempted from import obligation and excise obligation, though they received’t be for lengthy because the exemption solely lasts till December 31, 2025.
With a neighborhood CKD plant, BYD will be capable of profit from incentives utilized to CKD EVs, that are exempt from excise obligation and gross sales tax till December 31, 2027. This additionally opens up the opportunity of plug-in hybrid (PHEV) fashions being launched right here, which might get incentives below the proposed New Customised Incentive Mechanism (NCM).
“Malaysia has all the time been one in all BYD’s most vital markets in Southeast Asia, and at the moment’s twin announcement of CKD and the brand new BYD Seal marks a brand new chapter in our journey right here. With the robust help of Sime Motors, we’re assured in deepening our roots in Malaysia and bringing world-class EV expertise nearer to native prospects,” mentioned Liu Xueliang, common supervisor of BYD Asia Pacific auto gross sales division.
“This dedication isn’t solely about delivering modern merchandise, but additionally about investing in the way forward for Malaysia’s EV ecosystem – from native meeting, to expertise improvement, and electrical mobility. Collectively, we sit up for accelerating Malaysia’s transition in the direction of a greener and smarter transportation future, with BYD standing as a long-term accomplice to the nation,” he added.
“Right this moment’s launch builds on the success of the BYD Seal, which was Malaysia’s best-selling electrical sedan in 2024. With the up to date mannequin, we’re assured it’s going to proceed to draw a variety of Malaysian prospects with its enhanced options. Along with the CKD manufacturing plan, this additional reinforces our place because the primary BEV model in Malaysia,” commented Jeffrey Gan, Sime Motors managing director for Southeast Asia.
With this announcement, BYD is poised to hitch a variety of manufacturers that assemble EVs in Malaysia, together with Volvo, Mercedes-Benz and Chery. In the meantime, different manufacturers which have expressed or are at present within the midst of finishing up plans to domestically assemble EVs right here embody Proton, Leapmotor, TQ Wuling and Volkswagen.
Regardless of Tanjong Malim being synonymous with Proton – the Malaysian Automotive Affiliation (MAA) lists the native carmaker because the just one with a base within the city at present – the brand new BYD CKD plant will probably be constructed on a separate piece of land, unrelated to DRB-Hicom’s Automotive Hello-Tech Valley (AHTV) mission.
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