BYD VP and GM of the carmaker’s Asia Pacific Auto Sales Division Liu Xueliang (pic, second from right) has said in his speech at the launch of BYD Mansion Macalister in Penang that the carmaker remains committed to the Malaysian market despite recent new government policies on EVs.
“We noticed that the Malaysian government has released new policies regarding new energy vehicles (NEV). As a responsible technology company, we will continue to bring our best technologies and products to Malaysia.
“Together with the relevant authorities of the Malaysian government and our distributor and dealer partners, we will find the most suitable NEV development solutions for the Malaysian market,” he said.
“We respect all the policies from the Malaysian government and we hope to use our efforts, our wisdom and our spirit, with the cooperation of all the Malaysian consumers and friends to continue delivering the best technologies and products to Malaysia,” he added.
To recap, MITI’s new fully-imported (CBU) EV regulations mean that BYD’s current all-CBU line-up will either be outlawed because they don’t make at least 180 kW (245 PS), or become expensive (Seal and Sealion 7) because the CIF needs to be at least RM200k. The way around this is local assembly (CKD), but because BYD was looking at setting up a new factory, new regulations stipulate a RM100k floor price as well as a target of 80% of production to be exported.
Liu also revealed that BYD is looking at expanding in East Malaysia. “Last year, I went to East Malaysia, and I can feel there is a lot of demand from consumers there for BYD technologies and products. I made a promise that we will bring BYD technologies and products to East Malaysia,” he said.
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Ok Malaysia, only Denza for you…
Also for BYD too
Kudos to BYD for being a responsible automotive company even though MITI puts it in a very unfavorable situation. Don’t abandon your loyal customers here in Msia and we are confident things will be much better in the future. Good luck!
Like forest city, today “we are committed to”, tomorrow disappear like wind because super small market not worth my time, good luck Forest City of Cina Cars.
forest city x jadi because malaysia didnt keep the promise about giving that area free trade zone status , and passport/visa free for foreign citizens . made johor royalty very angr…very sad.
Hojor Tulsan ok je, sold malaysian land to forest city developer and pocketed the 4 billion rnggit profit for himself
YAWN! The art of saying nothing by saying something. Also, why is the same outlet launched twice? So iconic it has to be launched two times is it?
We Malaysia Chinese are used to double standards. The China Chinese are not.
Let’s go
BYD must joint venture with Perodua.
To get even with Geely and Baoteng.
Correction….BYD now joint venture with Sime Darby…shouldn’t be any problems anyways
The Toyota BZ3 EV sedan does use BYD Motor and BYD battery.
The 80% export rule is absurd. If 50% acceptable lah… , 40% more realistic.
I like the sincerity, product quality
8s is my next car future car.
Miti the best. Please don’t let cheap and unsold cars come to Malaysia.
We Malaysia Chinese are used to double standards. The China Chinese are not.
it is in the genes of the type C that they have the midas touch. if they were to govern malaysia, it will grow like proton and we will be the Asian Tiger again.
cowdung la. All the bribery given by type c
Yg bagi cowdung, yg terima babidung
compare the propsperity and advancement of china/taiwan/singapore, vs malaysian/indonesia/brunei/south thailand.
thats your answer.
notice BYD moving to EAST Malaysia, and no longer Perak?
Respect to BYD. Did what they said since day 1 despite the adversities faced.
The same cannot be said to MITI. Rubbish, flip flop, and u-turn policies just to protect a few deep pockets masking it as “protectionism”. You are an embarrassment to the rakyat.
I respect your policy and will continue to deliver best technology and support = You do you, I stop invest in CKD but I’ll still selling Denza here and slowly dwindling down the development operations here until fully utilize all the sunk cost (show room, workers, supply chain contract expired) then let Sime Darby continue to handle “Sales & After Sales service”. If Sime Darby then decided to terminate, I’m already long gone and it’s your problem.