local assembly

BYD Taps Malaysia's Inokom for Local EV Assembly in CKD Push

BYD Malaysia has named Inokom Corporation, a Sime Motors subsidiary in Kulim, Kedah, as its local assembly partner under a Memorandum of Understanding signed in Shenzhen. The deal advances BYD's completely knocked-down vehicle strategy and supports Malaysia's goal of 15 percent EV penetration by 2030.