CONNECT WITH US
EV & Mobility

EV & Mobility

BYD picks local assembly partner in Malaysia to advance EV production

CnEVPost logo

Published on

Add as a preferred source on Google
BYD picks local assembly partner in Malaysia to advance EV production

BYD (HKEX: 1211) has selected a local vehicle assembly partner in Malaysia, advancing plans to produce EVs in the Southeast Asian market after reportedly shelving plans to build its own plant.

BYD Malaysia said on Thursday that it had appointed Inokom Corporation Sdn Bhd, based in Kulim, Kedah, as its completely knocked-down (CKD) assembly partner.

Inokom, part of Sime Darby Bhd (KL), already assembles vehicles for several global automakers in Malaysia. Sime Motors, another unit of the group, is also BYD's official distributor in the country.

The companies formalized the partnership through a memorandum of understanding signed at BYD's global headquarters in Shenzhen. The models to be assembled and the production timeline have yet to be announced.

BYD said the selection followed an assessment of local market conditions and manufacturing capabilities, with Inokom's existing facilities, skilled workforce and supply chain supporting the assembly plans.

Local assembly is an important part of BYD's long-term commitment to Malaysia, and partnering with Sime will allow the company to draw on established automotive manufacturing capabilities, said Jacob Ma, managing director of BYD Malaysia.

The arrangement will see BYD work with a local partner to expand its manufacturing footprint. The company announced plans in August 2025 to build a CKD plant in Malaysia, with production then expected to begin in 2026.

However, local news outlet The Edge reported in September that BYD had dropped plans to build its own assembly plant in Tanjung Malim, Perak, while remaining committed to local CKD operations.

Conditions for the original project included exporting up to 80% of output, with the remaining 20% sold locally priced above 200,000 Malaysian ringgit ($48,980) per vehicle, according to an earlier report by The Edge.


Source link
Related Topics:EV & Mobility

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.