BYD and Bus Cap Collaborate to Promote Localization of Electric Buses in Malaysia

August 18, 2026, BYD Malaysia Sdn Bhd (abbreviated as "BYD Malaysia") and Malaysian bus manufacturer Bus Cap Berhad (abbreviated as "Bus Cap") signed an exclusive Memorandum of Understanding (MOU) in Shenzhen. The two parties will focus on local assembly and manufacturing of electric buses as the primary cooperation priority, jointly promoting strategic cooperation on new energy commercial vehicles in Southeast Asia with Malaysia as the base.

Bus Cap is a listed bus manufacturer in Malaysia. Its core subsidiary, SHL Coach, has been rooted in Perak since 1968 and possesses a mature local manufacturing foundation and market understanding. According to the MOU, the two parties plan to carry out cooperation around areas such as product localization, sales models, and after-sales services, and explore establishing electric bus local assembly and manufacturing facilities in Perak. BYD will leverage its leading new energy technologies, comprehensive solutions, and global marketing promotion experience, combined with Bus Cap's local industrial foundation, to lay a solid foundation for the overall development of electric buses in Malaysia.

BYD Group Vice President and General Manager of the 15th Division & Commercial Vehicle Division Luo Zhongliang stated: "This MOU is an important step for BYD Malaysia in evaluating local electric commercial vehicle opportunities. Based on this cooperation, BYD will combine localization needs to promote the R&D and production of various new energy buses, further explore various new energy commercial vehicle solutions, and continue to expand the Southeast Asian market with Malaysia as a fulcrum."

Huang Zongyang, Executive Director of Bus Cap, stated: "This MOU is an important step in Bus Cap's development journey after listing, and will establish a competitive foundation for electric bus assembly, manufacturing, and deployment in Malaysia."

This cooperation aligns with the Malaysia National Energy Transition Roadmap (NETR) and the direction of public transport electrification. The two parties will take this as a starting point to deepen cooperation in the field of new energy commercial vehicles and jointly explore broader Southeast Asian market opportunities.