Etiqueta: thailand

The Chinese carmaker is building a plant in Subang, West Java, which is due to open by the end of 2025 and is importing vehicles tariff free until then

BYD, the world's largest EV manufacturer, is moving forward with plans to build a manufacturing plant in Mexico despite the country's ongoing trade friction with the US. This decision signals a wider strategy to embed Chinese influence in Mexico's energy infrastructure, given BYD's potential to dominate the market.

Electric Vehicle Market Electric Vehicle Market Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Electric Vehicle Market by Product, Range, Vehicle Type, Vehicle Class, Region and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.Electric Vehicle Market is expected to reach US$ 1.58 trillion in 2033 from US$ 600.13 billion in 2024, with a CAGR of 11.43% from 2025 to 2033 A few of the drivers driving the market's expansion are increased public awareness, the nee

BYD allocates $5 billion to forex derivatives trading, safeguarding against yuan volatility amidst global expansion and geopolitical tensions.

The BYD Shark plug-in hybrid pickup truck is being exported to many countries around the world but not to the US -- yet.

BYD has not announced plans to sell the Shark in the U.S., but it has entered countries such as Mexico, where GM, Ford and Toyota sell pickup trucks.

The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export

BYD has formed a strategic partnership with Grab, Southeast Asia's leading ride-hailing platform, to offer discounted rates on up to 50,000 EVs for fleets and drivers. The collaboration extends across Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, reports .

China's leading electric vehicle manufacturer BYD Auto launched its Denza premium brand in Indonesia this week.

BYD Expands Southeast Asia Footprint with $1 Billion Indonesia Plant