BYD Malaysia previously said it would not proceed with plans to establish a completely knocked-down vehicle assembly plant in Tanjong Malim.
Perak menteri besar Saarani Mohamad said KLK TechPark is in talks with several companies keen on setting up operations in the industrial hub, reported Bernama.
“KLK TechPark is holding discussions with several parties to generate revenue to replace what was lost.
“Several investors from different sectors are being considered, creating investment opportunities that had previously been planned with BYD,” he said after officiating the launch of a 2MW biogas renewable energy plant at the Papan Ulu Johan sanitary landfill in Ipoh today.
On Sept 10, BYD Malaysia confirmed that it would not proceed with plans to establish a completely knocked-down (CKD) vehicle assembly plant in Tanjong Malim.
However, its managing director, Jacob Ma, said discussions with local vendors on local assembly were at an advanced stage, following a change in strategy to find the most suitable solution for Malaysia’s automotive ecosystem.
Ma said BYD had started discussions with local vendors last year and wanted to work with them to become part of the local automotive ecosystem.
BYD’s local manufacturing strategy and potential partnerships came under scrutiny after the company’s plans for the plant in Tanjong Malim appeared to have stalled in March.
The government later announced that fully imported electric vehicles must have a minimum import value of RM200,000 from July, following claims circulating on social media regarding conditions imposed on BYD’s manufacturing licence and other related policies. - FMT
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.