Etiqueta: Indonesia

China’s BYD Races Ahead With New Plants In Emerging Markets | Global Finance Magazine

At the GIIAS 2024 event, BYD presented a new variant of Atto 3, namely Atto 3 Advanced, which is more competitive. This electric vehicle is equipped with the latest features and technology.

China’s leading EV maker, BYD, is making strides in another key EV market with the launch of its M6, the...

Chinese electric vehicle (EV) maker BYD is rapidly expanding its presence in Southeast Asia. The company plans to establish new assembly plants in Cambodia and Indonesia to complement its existing facility in Rayong, Thailand. BYD is also growing its dealership network and introducing more competitively priced models in the region.

The M6 is the first MPV model launched by BYD in the Indonesian market and the first all-electric MPV in the local market.

Aside from easing local content rules, the government's EV investment scheme compels foreign makers to make good on their promise to build local factories, a senior official says.

BYD recently officially launched its newest product, the Multi Purpose Electric Vehicle (MPEV) M6, for its first time in Indonesia, at the Gaikindo Indonesia International Auto Show 2024 (GIIAS).

Visitors look at vehicles displayed at the booth of Chinese auto brand, GWM, at Gaikindo Indonesia International Auto Show (GIIAS) 2024 in Tangerang, Banten province, Indonesia, July 18, 2024. [Photo/Xinhua]

13 BYD dealerships will open in Vietnam on Saturday and the carmaker hopes to boost that to about 100 by 2026, but a decision on a local plant is yet to be made

The Chinese EV maker showcased the facelift M6, which is the global-spec version of the e6 electric MPV sold in India.