Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo Acquire Licensing Rights
Sept 19 (Reuters) – Chinese electric vehicle frontrunner BYD (002594.SZ) has taken an early lead in Southeast Asia’s small but fast-growing EV market, partly on the back of distribution partnerships with large, local conglomerates.
Here are details about some of its regional partners:
MALAYSIA & SINGAPORE
BYD cars are sold by Sime Darby Motors, the automotive arm of Malaysian trading and logistics giant Sime Darby (SIME.KL), in two of the region’s wealthiest countries.
The partnership started in 2019 when Sime Darby Motors began distributing BYD EVs in Singapore, where it now has a dealership network of seven outlets.
Sime Darby…
