The Sri Lankan appetite for electric mobility is accelerating faster than anticipated, with over 5,000 BYD vehicles reserved since the brand’s entry into the market earlier this year, John Keells Holdings (JKH) said this week. The group, which launched its new energy vehicles (NEV) arm under John Keells CG Auto (JKCG), said bookings for BYD’s electric and plug-in hybrid models have significantly outpaced the forecasts. “The total orders received to date have exceeded expectations, with BYD capturing a fair share of the market,” said JKH Chairman Krishan Balendra at a media briefing. Based on the current order book and expected deliveries in the upcoming quarter, JKH said the earnings from the segment are likely to be “material” to the group’s overall performance.
OVER 5,000 UNITS RESERVED
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