Hycan Electric Vehicles Set to Enter the Malaysian Market

2024/09/14
NEV
HYCAN
Malaysia
Hycan, the new energy vehicle brand established by GAC Group and NIO, plans to introduce its all-electric vehicle models to the Malaysian market in the first quarter of 2025. Hycan has appointed a Malaysian company, Concept Fields, as the general agent for the brand in Malaysia and international markets, responsible for import, sales, and after-sales services. The first batch of models is expected to arrive in February or March 2025, including the Z03 SUV, A06/A06 Plus sedans, and V09 MPV. Initially, they will be imported as CBU units, with plans to switch to CKD local assembly around April. Hycan is currently in talks with various companies to explore assembly options and is working on the conversion from LHD to RHD for the incoming models.
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Paul Tan
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