BYD will launch three additional new models in Vietnam in October and plans to expand its dealerships to 100 by 2026.
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Category: BYD Global
Cambodia's Prime Minister met with BYD's general manager of the Asia Pacific auto sales head, saying BYD's plant in Cambodia will supply the local market and exports to international markets.
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BYD sold 1,084 vehicles in Japan in the first half of this year, up 88 percent year-on-year.
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This is BYD's first hybrid launch in Ecuador, after it introduced the Han EV, Yuan Plus EV, Dolphin, and Tang EV in the country.
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BYD's global deliveries could reach 6 million units by 2026, including about 1.5 million units in overseas markets, JPMorgan said.
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BYD's Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president.
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BYD said its partnership with Rever will expand from passenger cars to segments including commercial vehicles in the future.
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The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
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The Azerbaijani government will also purchase 200 electric buses from BYD each year between 2025 and 2028, with localized assembling.
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BYD officially entered the Thai market in 2022 and now has a 41 percent share of the local NEV market.
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