Federal govt needs to review conditions for EV plants in Malaysia; BYD CKD must remain in Perak

Govt To Review EV Assembly Conditions Amid BYD CKD Uncertainty

The Malaysian government is set to review the conditions imposed on electric vehicle (EV) companies looking to establish local assembly operations, following concerns that current requirements may be too restrictive. As reported by Bernama, Prime Minister Anwar Ibrahim confirmed that the issue will be discussed with the Ministry of Investment, Trade and Industry (MITI), as scrutiny builds over policies affecting completely knocked down (CKD) EV …

Malaysia to review EV policy amid concerns over strict rules affecting BYD CKD operations in Tanjung Malim - SoyaCincau

The Malaysian government is set to review the conditions imposed on electric vehicle (EV) companies looking to establish local assembly in the country. This comes following recent concerns that current policies on CKD EVs are seen to be too restrictive, which makes it hard for brands to move forward. It was reported last month that BYD is reconsidering its plans to set up its CKD operations in Tanjung Malim allegedly due to its high export requi…

Federal govt needs to review conditions for EV plants in Malaysia; BYD CKD must remain in Perak

Perak industry and investment committee chairman Loh Sze Yee has said that the federal government of Malaysia needs to re-evaluate the conditions for electric vehicle companies planning to set up factories in the nation, reported The Star. This follows a prior report by The Edge that the ministry of investment, trade and industry (MITI) had imposed terms on BYD for its local assembly (CKD) plans that the Chinese manufacturer could not agree to. …