Miti Sets the Record Straight on BYD and EV Plant Conditions

Malaysia defends EV policy as BYD weighs assembly pullout

Malaysia's EV industrial policy is creating tension with foreign automakers, as export-driven and localization rules prompt BYD to reassess a planned plant. At the same time, authorities insist the framework supports long-term industry development.

MITI says there’s no ban on CBU pick-up trucks like BYD Shark, GWM Cannon coming into M'sia, but...

BYD Shark in Malaysia – click to enlarge Minister of investment, trade and industry Datuk Seri Johari Abdul Ghani today issued a statement to clear the air on topics that have gone viral in auto and business circles, mainly about BYD reportedly reconsidering its investment in a CKD plant in Tanjung Malim due to unfavourable conditions. You can read more into that topic here, but the MITI minister’s statement also included a clarification on the …

Did MITI Do A U-Turn Or Dig Into Protectionism Further?

Over the weekend, news reports broke of BYD Malaysia’s stalled plans for CKD plant and the resulting backlash from social media has been clearly felt with MITI issuing a press release in response. At first glance it would appear that MITI’s response is aimed at quelling BYD and future investor fears. However, upon further reading, there’s only one major correction to the initial report and that was concerning the price floor set by MITI. We’ll b…

MITI Clarifies BYD CKD Conditions, Denies Discriminatory Treatment Claims

The Ministry of Investment, Trade and Industry (MITI) has clarified that conditions imposed on BYD’s proposed local assembly plant are not brand-specific, but part of a framework applied to all high-volume automotive projects in Malaysia. The ministry said these measures aim to promote sustainable, high-value local assembly while safeguarding the existing vendor ecosystem. This follows a recent report by The Edge, suggesting that BYD may reconsi…

BYD not singled out, Miti says CKD rules designed to protect vendor ecosystem and boost exports

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Miti sets the record straight on BYD and EV plant conditions

Ministry says a number of claims circulating online are inaccurate, insisting that EV policy applies equally to build a high-value automotive ecosystem.