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BYD CKD Status
The Ministry of Investment, Trade and Industry (MITI) has denied claims of discriminatory conditions for BYD's proposed Tanjung Malim assembly plant.
Last updated at Apr 1, 2026
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🔥 Official MITI Clarification
MITI denied claims that BYD is forced to sell cars above RM200,000. Under existing national policy, the actual minimum price for locally assembled (CKD) electric vehicles is set at RM100,000 to ensure a level playing field for all industry players and to protect the local automotive ecosystem.
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🔥 Previous Rumoured Rules
Viral reports suggested BYD might cancel its plant due to a RM200,000 price floor and a mandatory 80% export rule. These figures sparked fears of excessive protectionism for national brands.
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🔥 Industry Support
Perodua and local part makers backed MITI, stating that the National Automotive Policy ensures foreign investments benefit the local ecosystem. The rules aim to protect 700,000 industry jobs.
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📈 Export & Sales Quotas
MITI has clarified that there is no mandatory 80% export quota imposed on BYD's operations. While the framework encourages Malaysia as a regional EV hub, the reported 10,000-unit annual domestic cap applies specifically to certain tax incentive structures rather than being a total ban on further local sales.
- Generated by AI
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