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Sri Lanka rupee stronger, bond yields edge up | EconomyNext

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ECONOMYNEXT – Sri Lanka may even see an increase in demand for electrical and hybrid automobiles amidst the rise in gas prices, a senior official of John Keells CG Auto, the native agent of BYD, has stated on the launch of the favored EV’s newest mannequin in Colombo.

Talking on the official launch of the BYD Sealion 8, a hybrid 7-seater SUV, John Keells CG Auto stated they’re seeing demand proper now, and anticipate to see rising buyer demand for EVs.

“BYD has bought 9,200 models in whole, with about 8,000 bought in 2025,” John Keells CG Auto Chief Government Officer, Charith Panditharatne stated.

“If the market continues within the present pattern, we anticipate to see an increase in demand this yr for BYD.”

Sri Lanka is the primary in South Asia to debut BYD’s newest flagship mannequin.

The Premium mannequin of the BYD Sealion 8 has battery capacities of 35.6 kWh and most energy of 359 kW. The Dynamic mannequin has a battery capability of 19kWh, with most energy of 205kW.

The Premium mannequin was quoted at a worth of Rs.34.9 million, whereas the Dynamic mannequin was revealed to be Rs.29.9 million.

Electrical and hybrid automobiles, already in style in Sri Lanka after an financial disaster which led to a gas scarcity in 2022, might see increased demand amidst the continuing gas uncertainty.

Though the worth per barrel of Brent oil has come down again to round 86 {dollars} per barrel after almost touching 120 on Monday, volatility stays as a result of unpredictability of the state of affairs within the oil producing West Asia area following the US-Israel assaults on Iran and its ensuing retaliation. (Colombo/March11/2026)


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