Industry
BYD to step up Malaysia EV push with local assembly instead of imports
China\'s electric vehicle maker BYD is moving to assemble cars in Malaysia to reduce reliance on imported finished vehicles and accelerate its push in Southeast Asia. BYD Malaysia has named Inokom, a unit of Sime Motors, as its local assembly partner and signed an MOU in Shenzhen. The company plans CKD production at Inokom\'s plant in Kulim, Kedah. Model details, timing and output have not been disclosed.
