Etiqueta: Sales

A Thai investigation into discounts from BYD Company will continue despite a cash-back program by its distributor, Rever Automotive. Thai consumers, feeling overcharged for their EVs, prompted the ongoing probe.

In order to capture a significant share of Vietnam's burgeoning electric vehicle (EV) market, Chinese automotive powerhouse BYD has announced an ambitious expansion plan for the Southeast Asian nation. The company is set to open its first 13 dealerships in Vietnam on Saturday, marking the beginning of what promises to be a rapid and extensive growth strategy.

The new BYD Seagull 2025 (Dolphin Mini) will enter the Chinese market on August 8 with a few upgrades and a higher price.

BYD's investment decision in Turkiye will also impact other Chinese brands. OSD President Cengiz Eroldu stated that Turkiye's total automotive capacity will reach 2.3 million units with BYD's new $1 billion investment, adding 150 thousand vehicles in Manisa. He remarked, "Other players may follow BYD."

Chinese electric vehicle (EV) maker BYD on Thursday officially introduced its three key EV models in Vietnam, with the highest price of up to VND1.36 billion ($53,720).

BYD accelerates into Vietnam with 13 new dealerships, targeting 100 by 2026, intensifying competition with VinFast.

BYD recently marked two significant milestones: the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle. The event

Chinese EV giant targets Vietnam with dealership expansion and factory plans

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

BYD is significantly increasing its footprint in Southeast Asia by introducing three new models in Vietnam and is planning to add more models later this year. Today, the Chinese new energy vehicle (NEV) manufacturer launched three battery electric vehicle (BEV) models in Vietnam: the compact hatchback Dolphin, the mid-size sedan Seal, and the compact crossover Atto 3, which is also known as the Yuan Plus in China, according to a Reuters report.