BYD pivots to local Malaysian assembly after shelving plant plan.
Context
What happened: BYD appointed a local partner, Sime Darby's Inokom unit, to assemble knocked-down parts into finished EVs in Malaysia after shelving plans to build its own plant.
Why it matters: The content says local assembly will help BYD bypass various taxes and maintain competitiveness as competition increases.
Note: The content contains no concrete figures such as revenue, percentages, prices, dates, or volumes, so the Key numbers line is omitted.