As you know, BYD VP and GM of the carmaker’s Asia Pacific Auto Sales Division Liu Xueliang was in town recently to attend the launch of BYD Mansion Macalister in Penang, where he reiterated BYD’s commitment to Malaysia despite new government policies on EVs.
While he was here, he also visited Sime Motors’ Inokom plant in Kulim, Kedah, leading us to wonder if plans are afoot for Sime Motors to be BYD’s local contract-assembly partner, which would be in line with MITI’s new rules.
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 cost, insurance and freight (CIF) value needs to be RM200k or more.
The way around this is local assembly (CKD), but because BYD was looking at setting up its own new factory, new regulations mandate a RM100k floor price, 80% of production to be exported and a paint shop, which is a costly element in a car factory and a sign of ‘serious work’ being done there, so to say.
So how now brown cow? Deputy MITI minister Sim Tze Tzin revealed a ‘solution’ recently to The Edge: “If (carmakers) want to price EVs between RM100,000 and RM200,000, they can work together with contract manufacturers to manufacture here” – as MG, Xpeng and GWM are doing with EPMB in Melaka, and TQ Wuling with Tan Chong.
So, is this a sign that BYD will partner up with Inokom and Sime Motors to locally assemble its cars in Malaysia, and that we will be able to buy CKD EV and potentially PHEV models from the global NEV leader sooner rather than later?
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Ensure all workers for these ckd chinese brands are Malaysian. Otherwise, they are NOT welcome here. Shoo, go away!
Third world mentality. Shoooooo
You gotta be specific which race of Malaysian as we all know one race always mess up the whole industry and also the laziest of all. Please be specific.
cowdung la. All the bribery given by type m
Who cares so long the cars are cheap. Only benefit bumiputra anyway, not all Malaysians.
Miti the best. Please don’t let cheap and unsold cars come to Malaysia.
No matter how cheap, you also do not afford to have one. That’s the reason you barked here!
You will be able to own rich man car,
It’s IR 4.0 things just get cheaper.
Otherwise you can see other poor man world not yet start industrialization or collapsed industrialization due to war, using just hand you cant produce mass production dream car.
We have to push to IR 5.0 for even cheaper production, affordability too.
If you still unaware, today Nissan Serena Japan only starts from RM 69k, Suzuki Jimmy only starts below RM 50k, these are the unsold stuff you willing to pay up to 3x?
jv wif local plant prevented workers mass-resign job hoping to new plant proposed previously
a 14Bil market cap corpo getting protected by gov kek
how do you think they managed to accumulate 14 bil? menabung dari kecil?
even if byd partnered with sime for local ckd & set up paint shop, there’s still issue with stoopidmiti requirements on 80% of the ckd cars need to be exported & only 20% can be sold locally. byd already has ckd plant in Thailand and Indonesia. so where can byd export their 80% cars? export back to China? lol. in contrast Toyota has been ckd in Malaysia for 40 years but has ZERO export until today. haha.
meetee requirement can be waived if BYD partner with lokal kroni – fahash salvador, Jakel, or one of TulSan family relatives
benefits sanusi.
minus points for PH. PMX Nepotism fail, arrest main klepto in umno fail, solve murder of TBH fail.
only dancing with main Israel backer Trump.
Can get Bakuteh there or not