Xin Lang Cai Jing·2025-08-23 13:07Core Insights - BYD held a launch event for the new BYD Seal in Malaysia on August 22 [1] - The company announced plans to establish a local assembly plant (CKD) in Malaysia, expected to commence production in 2026 [1] Company Developments - The launch of the BYD Seal marks a significant step in the company's expansion into the Malaysian market [1] - The establishment of a local assembly plant indicates BYD's commitment to increasing its manufacturing presence in Southeast Asia [1] Industry Implications - The move to build an assembly plant aligns with the growing demand for electric vehicles (EVs) in the region [1] - This development may enhance BYD's competitive position in the Malaysian automotive market, particularly in the EV segment [1]