PETALING JAYA: New conditions attached to BYD Automotive Malaysia Sdn Bhd’s interim manufacturing licence are part of a broader policy applied to all new automotive investments in Malaysia, says Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. According to Johari, the licence includes conditions designed to promote export-oriented production by leveraging Malaysia’s free trade agreements and regional supply chains. Similar conditions have applied to new automotive investments since September 2025, except for projects using existing local assembly facilities. Fully finished, painted body shells sourced from outside Malaysia do not count towards local value-add, although BYD may source components globally. Separately, Johari said there is no ban on importing new pickup truck models into Malaysia.

Source: The Star March 31, 2026 08:09 UTC