Sime Darby Motors Investing RM500mil To Set Up BYD Showrooms

China-based BYD Auto Industry Company Ltd (BYD) is looking at growing the Malaysian electric vehicles (EV) market as the country adopts the increasingly global EV trend.

With local partner Sime Darby Motors,the automotive arm of Sime Darby Bhd is set to invest RM500mil over two years to establish a wide network of BYD showrooms.

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