BYD Seal 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

Tesla has reclaimed its position as the global leader in Battery Electric Vehicle (BEV) sales after BYD's first-quarter sales saw a significant drop of 43 percent in Q1 2024, versus the previous quarter, according to official filings. BYD reported sales of 300,114 BEVs in Q1 2024, a sharp decrease from its record quarterly high of 526,409 units in the previous quarter. Also read: Tesla again teases ASEAN region expansion plans to chase BYD's lead Tesla, on the other hand, delivered 386,810 units

Arvind

Apr 4, 2024

There’s now an updated ‘Honor Edition’ of the 2024 BYD Seal in China. Honor Edition refers to BYD’s mid-lifecycle specifications update. It’s often accompanied by an adjustment in prices. If you’ve just bought or are going to buy a BYD Seal from a local BYD dealer in Malaysia, do not worry. This Chinese market 2024 BYD Seal Honor Edition has no meaningful updates to its specifications. Most of what’s new are related to financing and charging credits, which are not relevant to us Malaysians. Ther

Hans

Mar 26, 2024

The 2024 BYD Seal has managed to amass over 1,300 bookings in Malaysia in just four days, making it one of the hottest BEV cars to have ever entered the market. Due to the overwhelming demand for the BEV sedan, official distributor Sime Darby Beyond Auto, has once again announced the extension of its early bird promo campaign until 3-March, 2024. This comes after quickly exhausting the initial 1,100 early bird promo packages. Also read: Watch out Model 3 - BYD Seal launched in Malaysia, from RM

Arvind

Feb 29, 2024

It took just 2 days to receive the first 800 bookings for the 2024 BYD Seal, marking a stellar start for the EV sports sedan that was launched last week. In line with this Sime Darby Beyond Auto, the official distributor of BYD cars in Malaysia will offer an additional 300 BYD Seal Early Bird special packages which includes a complimentary Wall Charger and RM 800 in Gentari/ChargEV charging credits. Also read: Watch out Model 3 - BYD Seal launched in Malaysia, from RM 179k, up to 530 PS/670 Nm T

Arvind

Feb 26, 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