{
  "id": 5782109,
  "title": "BYD akan perkenal pelan EV Malaysia",
  "url": "https://urgent.news/2026/09/05/byd-akan-perkenal-pelan-ev-malaysia",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-05T14:03:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/09/05/byd-akan-perkenal-pelan-ev-malaysia"
  },
  "original_language": "en",
  "account": "China's BYD Co Ltd is reportedly preparing to announce its next development plan in Malaysia within the next week, amid questions over whether the electric vehicle (EV) manufacturer will collaborate with local partners or build its own manufacturing facilities. Liu Xueliang, BYD's Vice President, said the company will continue to explore cooperation with local partners to support the development of Malaysia's new energy vehicle (NEV) industry. \"We will continue to explore with local partners on how we can better support the development of Malaysia's NEV industry. Of course, our development in Malaysia is also progressing positively. In a short time, we will announce our approach to development,\" he told Malaysian media after the Asia Pacific Story titled \"Stories of Industrial Integration.\" Asked if BYD would continue to cooperate with local partners or pursue a different approach, Liu declined to comment, instead saying: \"Wait a week and we will announce.\" The announcement comes amid growing interest in BYD's next move in Malaysia, particularly regarding its local manufacturing strategy and potential joint ventures. The plan has drawn attention as Malaysia seeks to strengthen its EV ecosystem while encouraging greater investment and assembly along its automotive supply chain. In May, it was reported that BYD was evaluating potential contract supply agreements with Inokom's Sime Motors plant in Kulim, Kedah, as the Chinese carmaker reevaluated its manufacturing strategy in Malaysia. Progress on a BYD manufacturing plant in Tanjung Malim, Perak, appears to be stalled until early next year. This follows a statement from Malaysia's Investment, Trade, and Industry Ministry (MITI) attempting to quell rumors surrounding conditions imposed on BYD's import license, including additional fees and other related matters. Meanwhile, since July 1, imported or fully built (CBU) EVs have been required to have a minimum cost, insurance, and freight (CIF) value of RM200,000 and a minimum power output of 245 horsepower (180kw). This new requirement follows the end of the special Malaysia tax exemption for imported CBU EVs at the end of 2025. Liu stated that BYD has confirmed its commitment to long-term investment in Malaysia despite setbacks in its expansion plans, while identifying East Malaysia as a market with great growth potential. He also emphasized that East Malaysia has vast potential for further development and that having the right vehicle model will be key to expanding BYD's presence there. \"We believe that East Malaysia still has great potential for development, but first, we hope to have a suitable model for the Malaysia East market,\" he added. Liu said BYD's strategy is focused on Malaysia as a whole, not limited to any specific region. The session took place as part of the Asia Pacific Media Forum (APMF) 2026, organized by the Xinhua News Agency and its partners under the theme \"Building Pathways to Shared Prosperity for the Asia-Pacific Community: Consensus and Media Action.\" The forum was held ahead of the 33rd Apec Leaders' Meeting, hosted by Shenzhen from November 18-19.",
  "summary": "Gergasi EV itu tetap komited melabur jangka panjang di negara ini meskipun ada 'perkembangan menjejaskan kemajuan rancangannya'.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "BYD akan perkenal pelan EV Malaysia",
        "url": "https://urgent.news/2026/09/05/byd-akan-perkenal-pelan-ev-malaysia-5785455",
        "published": "2026-09-05T14:03:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}