BYD in Full Collapse, Sales Plunge 52%, Malaysia Car Plant Shuts Down Completely
BYD in Full Collapse, Sales Plunge 52%, Malaysia Car Plant Shuts Down Completely
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On April 22, a Chinese Douyin influencer revealed this news. He said that when BYD's team visited Malaysia early last year, multiple states were eager to attract the company, offering numerous incentives. Ultimately, Perak state stood out. At that time, the company felt the local government was very sincere, and they fast-tracked the project. What normally would have taken months, like land clearing and construction approvals, was all done in just six days. Everyone thought the project would go smoothly, but then Malaysia's federal Ministry of Investment suddenly made a drastic change.
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