BYD Malaysia, during the official launch of the facelifted Seal EV today, has also announced that it will establish a local assembly (CKD) plant in Tanjung Malim, Perak. Covering 600,000 square metres, the upcoming facility is revealed to be fully funded by the automaker.
“Malaysia has always been one of BYD’s most important markets in Southeast Asia, and today’s dual announcement of CKD and the new BYD Seal marks a new chapter in our journey here,” said Liu Xueliang, general manager of BYD Asia Pacific auto sales division. He added that with Sime Motors’ support, the company is confident in strengthening its presence in Malaysia and bringing EV technology closer to local customers.
BYD’s six existing EVs that are available in Malaysia are imported from China, and are temporarily exempted from import and excise duties under the government’s EV incentives. However, this exemption is slated to end later this year, specifically on 31 December 2025. By producing vehicles locally, the automaker will be able to take advantage of tax incentives available to CKD EVs, which are exempt from excise duty and sales tax until 31 December 2027.
Liu noted that the investment goes beyond car production, emphasising BYD’s commitment to local talent development and the EV ecosystem in Malaysia. “Together, we look forward to accelerating Malaysia’s transition towards a greener and smarter transportation future, with BYD standing as a long-term partner to the nation,” he said.
BYD’s Tanjung Malim assembly plant is scheduled to begin operations in the second half of 2026. The company has yet to reveal which model will be locally produced at the facility.
(Source: Paultan.org)
