BYD rethinks Malaysia assembly plan, to find the right fit
BYD Malaysia is focused on finding the right long-term solution for vehicle assembly in Malaysia, following a change to its previously announced plans for a manufacturing facility in Tanjung Malim, Perak.
BYD Malaysia is reevaluating its plans for vehicle assembly in the country after adjusting its previously announced project in Tanjung Malim, Perak. The company's managing director, Jacob Ma, clarified that the initial plan is not being cancelled, but is being rethought to fit better with BYD's long-term strategy. Ma emphasized that the location and investment for the assembly may change, but the company's commitment to the Malaysian automotive ecosystem remains the same.
The priority now is to identify a solution that benefits BYD, its customers, and the local industry. While a timeline for completely knocked-down (CKD) assembly has not been provided, BYD assured customers that sufficient stock will be available until CKD production begins. BYD is also engaging with local suppliers and remains open to potentially importing specific models from Indonesia if necessary, but does not see an immediate need for major imports as Indonesia's production plan primarily caters to local demand.
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