BYD rethinks Malaysia assembly plant
KUALA LUMPUR: BYD Malaysia managing director Jacob Ma confirms that BYD’s previously discussed Tanjung Malim manufacturing plan will not proceed in its original form.
BYD Malaysia's managing director, Jacob Ma, has stated that the company's originally planned Tanjung Malim manufacturing plant will not proceed as previously discussed. However, Ma has not disclosed the future of the site or if an alternative location has been chosen. Despite the uncertainty, Ma assured Malaysian customers that their wait for locally assembled vehicles will not be prolonged.
He emphasized that this decision is part of BYD's long-term approach, not a cancellation due to a specific obstacle. Ma highlighted that the company's commitment remains the same, regardless of whether the location changes or investment levels differ. The priority, according to Ma, is finding a solution that benefits BYD, its customers, and Malaysia's automotive ecosystem.
He could not provide a timeline for when completely knocked-down (CKD) production would commence but assured that sufficient stock would be available until CKD begins. BYD Malaysia has been actively engaging with local suppliers, a process that started even last year. However, the company has not yet disclosed its intended local-content percentage.
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