Thailand aims to significantly grow its EV market in the hope of establishing 30% of its EV-based auto production. BYD's entry into Thailand will help its auto industry move closer to that goal and help the country become a global hub for EV manufacturing, said Jareeporn Jarukornsakul, WHA...
BYD held a ceremony last Thursday to inaugurate its first EV plant in Thailand as well as in Southeast Asia. It took BYD 16 months to complete construction since the Chinese EV maker started building the plant in March, 2023. The plant, located in the Eastern Economic Corridor (EEC) special...
In 2024, BYD, the Chinese electric vehicle and battery manufacturing giant, continued to make waves on a global scale, solidifying its position as a leader in the new energy vehicle (NEV) industry. The year was marked by a series of remarkable achievements across various fronts, from production...
BYD is building its first overseas production base in Thailand. Business news outlet Anue said the BYD Vietnam factory would export components to its assembly plant in Thailand. In addition, BYD has also been considering setting up new factories in the Philippines and Indonesia.BYD sold 210,000 ...
Ford is talking with BYD to sell its manufacturing plant and its German management plans to visit China next week for the sales, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The discussion is reportedly at early stage and may ultimately fall through....
BYD announces plan to build new energy vehicle manufacturing plant in Hungary On December 22, 2023, BYD announced its plan to establish a new energy vehicle manufacturing base in Szeged, Hungary. The facility is set to be constructed in several phases, expecting to offer thousands of jobs for ...
To accelerate growth, BYD plans to open several new facilities outside of China for local manufacturing. BYD opened its first plant in Thailand in July. It’s also planningfacilities in Pakistan, Turkey, Brazil, and Mexico. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD) ...
parts makers are building manufacturing facilities in Mexico. These operations would allow Chinese companies to manufacture products and then export them into North America and Latin America. Anhui Jianghuai Automobile Group Corp. ...
Liu Xueliang, General Manager of BYD Asia-Pacific Auto Sales Division, said, “Over the past few months, after announcing its entry into Thailand, BYD signed a land purchase agreement with the WHA and announced the construction of its first overseas passenger vehicle plant. In November, BYD of...
In 2023, BYD’s global presence grew by 334.2%, delivering a total of 242,765 units of its passenger cars to more than 70 countries across six continents. BYD has invested in manufacturing factories in Hungary and Thailand, and plans to continue expanding its presence through factories in Indo...