BYD sold 1,084 vehicles in Japan in the first half of this year, up 88 percent year-on-year.
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Category: BYD Global
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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BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers.
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BYD just saw its 7 millionth NEV roll off the line on March 25.
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