BYD currently has a network of more than 10 dealers in the Philippines and seven in Singapore.
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Category: BYD Global
BYD plans to have the Hungarian plant, which will produce passenger car models for sale in Europe, up and running within three years.
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BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market.
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Uzbekistan's president visited BYD's Shenzhen headquarters on January 25, and together with the NEV maker's chairman remotely witnessed the start of production at the plant.
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Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.
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BYD has launched the Seal, Dolphin and Atto 3 in Indonesia and plans to invest $1.3 billion in a plant with a capacity of 150,000 vehicles.
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BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.
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BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.
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BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.
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The Dolphin was the top-selling all-electric vehicle in Thailand in November with 2,825 units sold, followed by the Atto 3 in 2nd place with 1,142 units sold, BYD said.
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