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John Keells Group inks exclusive distribution deal with China’s BYD

23 November 2023 01:02 am - 7     - {{hitsCtrl.values.hits}}

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BYD Asia-Pacific Auto Sales Division General Manager Liu Xueliang and John Keells Group Chairman Krishan Balendra at the signing ceremony

Diversified blue-chip John Keells Group has been appointed as the exclusive distributor of BYD passenger vehicles in Sri Lanka. 

BYD or Build Your Dream is expected to overtake Tesla as the world’s largest electric vehicle (EV) maker in the last three months of 2023. China has already cemented its place as the biggest producer of EVs in the world.

The inking of the deal took place at BYD’s global headquarters in Shenzhen, attended by BYD Asia-Pacific Auto Sales Division General Manager Liu Xueliang and John Keells Group Chaiman Krishan Balendra. “This collaboration enables us to offer a range of advanced, ecofriendly passenger vehicles in Sri Lanka, furthering our mission to integrate eco-conscious with diverse lifestyles and making EV the ‘essential vehicle’ in people’s daily lives,” Xueliang said.

“We are delighted to have our Sri Lanka partner JKH to our global headquarters. In the past 28 years, BYD has been unwavering in its commitment to technological innovations and its green dream. We’re striving to align diverse lifestyles with eco-conscious mobility choices globally,” he added.

Leveraging this partnership, JKH expects to bring down advanced new energy vehicle (NEV) models to Sri Lanka.

Through this partnership, we will bring advanced NEV models to Sri Lanka, letting our people experience the world’s leading technologies of NEV and contribute to an ecofriendly and sustainable Sri Lanka,” Balendra said.
“ESG is firmly entrenched in our business process, 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,” he added.

Currently, BYD’s NEVs span six continents, over 70 countries and regions and more than 400 cities. In 2022 alone, BYD sold more than 1.86 million NEVs globally. Notably, on August 9, 2023, BYD became the world’s first automaker to roll off its five millionth NEV from the production line.


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  Comments - 7

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka
  • Mylvaganam Thursday, 23 November 2023 08:53 AM

    Sri Lanka has to get out of “ third world status “ and start producing things. If China could provide Sri Lanka with two major Electric Cars assembly plants, one in Jaffna and one in the South, then it would put Sri Lanka on a technical route to become a mini technology power in South Asia.

    Dr Balasuriya Thursday, 23 November 2023 09:12 AM

    Now , without any fear, we can do business with China or do whatever else we like without worrying about India. In September for the first time a major country like Canada accused India with serious charges ,now we learn from yesterdays BBC news , the only superpower America has given a warning to India related to a plot to kill an American Sikh Lawyer in the American soil. India under serious warning from both Canada and America , investigations ongoing in both Canada and America, would not have the courage to interfere into Sri Lankan affairs anymore . Good bless Canada,America ,and China.

    driver Thursday, 23 November 2023 09:32 AM

    So we are getting vehicles …,, electric or fossil fuel or coal or garbage waste energy!!!

    Ranga Thursday, 23 November 2023 11:05 AM

    @Mylvaganam Sri Lanka's energy prices are one of the highest in the world making if unviable for any business to operate

    Be Fair Thursday, 23 November 2023 01:35 PM

    By the time JKH is able to import them, our Policy will be changed soooo much that they will wonder what happened to the agreement with BYD

    Michael Obeyesekere Friday, 24 November 2023 06:39 AM

    Very good lead J.KH ,showing leadership with joining hands with China on progress. Manufacturing electric vehicles locally is extremely important. China is a world leader in Electic Motor vehicles, even the Tesla brand is manufactured in China.

    Nelun de Silva Monday, 27 November 2023 04:15 PM

    When would JKH make BYD EVs available to customers in Sri Lanka? Have they overcome the import restrictions in place now?


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Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

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