Malaysia has introduced more stringent import rules for completely built-up (CBU) electric vehicles, effectively reducing the market opportunities for Chinese automakers like BYD that have already established a foothold in the country’s growing new energy vehicle sector, according to a report from Caixin.
Effective from July 1, 2026, the Malaysian Ministry of Investment, Trade and Industry (MITI) now requires that all CBU EVs imported into the country satisfy two key conditions:
- Cost, Insurance, and Freight (CIF) Value: Must be at least 200,000 ringgit (approximately 49,160 USD).
- Motor Power: Must be at least 180 kW (roughly 241 hp).
Because the final retail price includes additional taxes, operational expenses, and profit margins, vehicles meeting these criteria are anticipated to cost significantly more than 200,000 ringgit (approx. 49,160 USD) at the point of sale. This policy change directly affects Chinese brands such as BYD, which have built their market presence around cost-effective EV models.