BYD Dolphin News in Malaysia

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

Hans

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

Hans

May 6, 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,

Hans

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

Hans

Apr 30, 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

Hans

Apr 12, 2024

Sime Darby Beyond Auto is offering RM 4,000 discount on limited units of 2023 manufacturing year BYD Dolphin. The new reduced price now starts from RM 96,530 for the entry Dynamic Standard variant, and RM 121,530 for the Premium Extended variant. Prices are on-the-road, excluding insurance. Alternatively, buyers can also choose to purchase the MY2023 BYD Dolphin at a lower RM 2k discount, but with a free wallbox charger. Checks with several dealers also show that pre-registered MY2023 units are

Hans

Apr 2, 2024

BYD has launched a new and improved 2024 BYD Dolphin in China late last month. Changes are minor, but the highlight of the new 2024 BYD Dolphin range – now referred to Honor Edition - is its 14% lower starting price. A new 32.3 kWh (302 km range, CLTC) entry variant also joins the Dolphin range. The 2024 BYD Dolphin is priced in China from 99,800 RMB to 129,800 RMB (~RM 65.5k to RM 85.2k). Previously, the Dolphin was priced from 116,800 RMB to 139,800 RMB (~RM 76.6k to RM 91.8k). The most obviou

Hans

Mar 5, 2024

Malaysia’s tax exemption (import and excise duty) for battery electric vehicles (BEVs) will expire as planned on 31-December 2025, and BEV manufacturers are encouraged to invest in local production, said Tengku Datuk Seri Utama Zafrul Minister of Investment, Trade & Industry, at the launch of the BYD Seal this morning. Tengku Zafrul said sales of BEVs have increased by more than four folds last year, from around 3,000 units in 2022 to 13,000 units in 2023. “I believe BYD’s brand registered the h

Hans

Feb 22, 2024

2023 saw a new sales record for electric vehicles (EVs) in Thailand as 76,314 units were sold in the Kingdom and it is predicted that 2024 could be another blockbuster year. According to sales figures compiled by Autolife Thailand, 13,653 EVs were sold in January 2024. Though that number might not sound entirely significant to some, EVs accounted for 20.5% of new vehicle registrations in the first month of the year. 65,067 new vehicles were sold in Thailand in January. Thailand seems to be on tr

CY Foong

Feb 6, 2024

BYD is leading Malaysia's adoption of battery electric vehicles (BEVs), less than a year since it entered our markets, according to data sourced by RHB Research. The bank's recent report shared that BYD accounted for 37% of the total local EV sphere in Malaysia in 2023. In total, BYD sold 3,728 cars here last year. That number is more than one-thirds of the total units of BEVs sold in Malaysia last year, which stands at 10,159 units. In itself this represents a 286% rise compared to 2022, making

Sanjay

Jan 22, 2024