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BYD entered Malaysia in December 2022 by partnering with local company Sime Darby Motors as the distributor. [165] In the Philippines, BYD partnered with Ayala Corp to distribute BYD passenger electric cars in the country since August 2023. [166] BYD introduced its passenger electric cars in Indonesia in January 2024.
This partnership spans six Southeast Asian countries—Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam—and includes models like the DENZA D9, BYD ATTO3, BYD SEAL, and BYD M6.
BYD's new luxury supercar, ... (Parent company Tan Chong Motor Holdings, based in Malaysia, is No. 430 on the Fortune Southeast Asia 500, which ranks the region’s largest companies by revenue).
BYD was founded by Wang Chuanfu in February 1995 as a battery manufacturing company. BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [13] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
Chinese brands like BYD are already making inroads into markets like Singapore and Malaysia. BYD has also invested in a factory in Thailand. This story was originally featured on Fortune.com.
The BYD Atto 3, also marketed as BYD Yuan Plus (Chinese: 比亞迪元PLUS) in China and several Latin American countries, is a battery electric compact crossover SUV manufactured by BYD Auto. Part of the BYD Yuan series that is named after the Yuan dynasty , [ 7 ] the Yuan Plus was released in mainland China in February 2022.
These 20 BYD K9 units share design similarities with the Singapore's BYD C6 minibuses operated by private bus companies and Tower Transit; and Malaysia's BYD K9 buses operated by Rapid Bus in Kuala Lumpur. [106] [107] In May 2022, BYD offered a Gemilang-bodied BYD K9RC double decker bus to the Land Transport Authority as part of a trial.
BYD’s and GAC Aion’s factories started operations in July, and so far Chinese investments in Thai auto plants total at least $1.4 billion. ... Indonesia, Brazil, Malaysia, and Argentina, where ...