On January 11, BYD reported that recently, 500 units of BYD ATTO 3 were ready to be shipped at Shanghai Port, and after the completion of loading, they were officially sent to Malaysia. After the arrival in Malaysia, BYD will start delivery to end customers one after another, bringing consumers a new experience of new energy vehicles.
From the launch of the model to the smooth delivery to Malaysia, BYD only took one month, and it ran at the pace of “acceleration” of internationalization. This reflects BYD’s strong production line supply capacity, which may further stimulate local market demand.
In order to promote domestic vehicles to go abroad, Shanghai Customs has adopted convenient customs clearance measures to ensure zero-delay inspection and release of vehicle exports, facilitate the customs clearance of domestic automobiles, and enhance the competitiveness of the international market.
Southeast Asia is one of the most promising new energy vehicle markets in the world, and Malaysia, as an important economy in Southeast Asia, has seen rapid growth in sales of new energy vehicles and a promising future for the industry. A few days ago, the Malaysian government stated that it plans to extend the tax relief for electric vehicles to promote the country’s green and low-carbon travel. The country plans to install 10,000 EV charging points by 2025, with more EV-related incentives to be announced. From this, it is foreseen that the pattern of the Malaysian electric vehicle market will change in the future, and the market is expected to be positive.
On September 28, 2022, BYD announced that it had reached an exclusive passenger car import cooperation agreement with Sime Darby. On December 8, BYD officially announced its entry into the Malaysian passenger car market and released its first model, the BYD ATTO 3.
As BYD’s first passenger car model for the global market, BYD ATTO 3 exported a total of 40,014 units throughout the year in 2022, empowering the overseas business of passenger cars with strength.