Etiqueta: News

The automaker is invested heavily in Europe, and already building two local factories

BYD has broken ground on a new assembly plant in Cambodia, marking an expansion of its production capabilities in Southeast Asia.

BYD has prioritised expanding into markets where EV adoption remains at a nascent level. By Stewart Burnett

"They are nothing but lies," said Wang Yun, a 35-year-old teacher at a middle school in Tianjin, about many carmakers' marketing campaigns to promote smart driving vehicles.

The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology

The first phase of the plant is expected to start production in the fourth quarter of this year, with a planned annual capacity of 10,000 units.