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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