At its launch at the tail end of 2022, the BYD Atto 3 certainly wasn’t the first BEV to go on sale in Malaysia, but few BEVs enjoyed such popularity among Malaysians eager to get into their first BEV. The Atto 3 surpassed 1,000 orders just 10 days after launch, soon after becoming Malaysia’s best-selling BEV in 2023. Blending sharp looks, practicality, and great value for money – it was the right product at the right time. However, the BEV market has since ballooned in Malaysia, with no less tha
May 19, 2024
Among Southeast Asians, Malaysians are most supportive of China, according to a survey of 1,994 Southeast Asians by Singapore’s ISEAS–Yusof Ishak Institute. When asked if a situation forces them to choose between USA and China, 75.1% of Malaysians answered China – the highest in the region. Is there a correlation between results of a political opinion survey and the rapid rise of Chinese car brands launching in Southeast Asia? The short answer is ‘Yes’. Of course, there are other factors that de
May 10, 2024
It appears that even market leader BYD is not immune to the slowdown in battery EVs (BEVs), with April 2024’s global sales of BYD’s BEV models reversing 3.9%, to 134,465 units. It’s BYD’s first month of decline for BEV models in a very long time. Note that this is a wholesales figure (vehicle is transferred to dealer), not actual vehicle registration by customers. Still, the slowdown in BEV demand is not a big problem for BYD. Unlike Tesla, BYD doesn’t believe in a BEV-only product line-up, prec
May 6, 2024
BYD ended April 2024 by recording its best-ever monthly sales for exports, at 41,011 units, up 176.6% year-on-year. The figure excludes BYD buses, but includes BYD’s passenger sub-brands Denza and Formula Bao. To date, BYD has exported over 430,000 vehicles, including commercial vehicles. From January to April 2024, BYD sold 936,446 units of ‘new energy vehicle’ passenger cars globally, up 23.6% from the same four-month period last year. April 2024’s figures amounted to 313,245 units, up 3.5% fr
May 6, 2024
Sime Darby Beyond Auto, the Malaysian distributor of BYD cars just announced that bookings for the revised 2024 BYD Atto 3 are now open. According to its website, the updated Malaysian-spec Atto 3 is only available with one variant and prices start from RM 150,430 on-the-road without insurance. In other words, prices for the revised Atto 3 remain the same but that is not the only thing that is unchanged for Malaysia's best-selling battery electric vehicle (BEV). Instead of a larger battery like
May 3, 2024
BYD has yet to trouble the top-tier Japanese brands like Toyota or Honda in Malaysia’s overall car sales, but it will soon surpass second tier brands like Ford and Nissan. It has already propelled past VW. According to data compiled by RHB Investment Bank, Sime Darby Beyond Auto, the distributor of BYD cars in Malaysia, sold 1,919 units in the first quarter of 2024. RHB says BYD now controls 71% of Malaysia’s battery EV (BEV) segment. That puts BYD ahead of VW’s 412 units and Volvo’s 560 units,
May 2, 2024
Governments in the US and the Europe Union claim that China is subsidizing the production of battery electric vehicles (BEVs) to the point that there is no production excess capacity, leading to ‘dumping’ of Chinese BEVs in export markets. There is some truth in that claim, but like many complex subjects, a bit more nuances is required to give an honest answer. Despite accusations of dumping cheap BEVs overseas, world No.1 BEV and PHEV manufacturer BYD is selling its cars in export markets at fa
Apr 30, 2024
BYD is the best-selling battery electric vehicle (BEV) brand in Thailand and is setting up an assembly plant in the Kingdom. According to a Chinese insider, production of the first Thai-assembled (CKD) BYD model could begin this month, pointing to a launch in May. The insider posted a photo on their Weibo that was allegedly taken at the BYD Thailand factory. It showed a BYD Atto 3 with some parts installed. The right-hand drive (RHD) unit is on a production line surrounded by working personnel.
Apr 17, 2024
The Bangkok International Motor Show is Thailand’s biggest and most important car sales event. Held between 29-March to 11-April, sales figures at the motor show are often used as an indicator of the pulse of Thai car buyers, thus setting expectations for the rest of the year. A total of 53,438 vehicles were sold (booked) during the two-week long event, according to figures released by the motor show organizer Grand Prix International. As expected, Toyota leads the sales chart, with 8,540 bookin
Apr 12, 2024
Rever Automotive, the distributor of BYD cars in Thailand, has launched the updated 2024 BYD Atto 3, now with more variants and even lower prices. The entry Standard Range Dynamic variant now starts from 899,900 Baht, which is 18 percent cheaper than before, while the highest specifications Extended Range Premium variant is now 12 percent cheaper, at 1,049,900 Baht. New for 2024 is a third, mid-range variant called Standard Range Premium, at 949,900 Baht. Compared to the entry variant, Standard
Apr 2, 2024
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