BYD and John Keells Group partner for SL passenger vehicle business
Colombo (LNW): BYD, the world’s foremost manufacturer of new energy vehicles (NEVs), has announced a strategic partnership with John Keells Holdings PLC (JKH), Sri Lanka’s largest listed conglomerate, to introduce cutting-edge NEVs to the Sri Lankan market.
The signing ceremony, symbolising this collaboration, occurred at BYD’s global headquarters in Shenzhen. Key representatives present were Mr. Liu Xueliang, General Manager of BYD Asia-Pacific Auto Sales Division, and Mr. Krishan Balendra, Chairperson of the John Keells Group.
During the ceremony, Mr. Liu Xueliang expressed his excitement about the partnership, stating, “We are delighted to welcome our Sri Lankan partner, JKH, to our Global Headquarters. Over the past 28 years, BYD has remained steadfast in its commitment to technological innovations and its green dream. We are striving to align diverse lifestyles with eco-conscious mobility choices globally. This collaboration allows us to introduce a range of advanced, eco-friendly passenger vehicles in Sri Lanka, furthering our mission to integrate eco-conscious choices with diverse lifestyles and make the ‘electric vehicle’ the ‘essential vehicle’ in people’s daily lives.”
Krishan Balendra, Chairperson of the John Keells Group, echoed this sentiment, underscoring the group’s dedication to sustainability. He stated, “ESG is firmly entrenched in our business processes, workplace culture, and community outreach. With our commitment to achieving a sustainable future for the country, we look forward to the exciting opportunities the partnership with BYD holds. Through this collaboration, we will bring advanced NEV models to Sri Lanka, allowing our people to experience the world’s leading NEV technologies and contribute to an eco-friendly and sustainable Sri Lanka.”
After decades of unwavering commitment to innovation and technology, BYD has attained remarkable expertise in the core technologies of the entire industrial chain of new energy vehicles, encompassing batteries, electric motors, and electronic controllers. BYD stands out as the sole global producer of NEVs that has independently developed powertrain systems, power batteries, drive motors, and motor controller systems.
Currently, BYD’s NEVs are present on six continents, in over 70 countries and regions, and more than 400 cities. In 2022 alone, BYD achieved global sales of over 1.86 million new energy vehicles. A notable milestone was reached on August 9, 2023, when BYD became the world’s first automaker to roll off its 5 millionth NEV from the production line.