Etiqueta: vietnam

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.

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.

Atto 3 in the first product wave

All BYD models for Vietnam would be imported for now.

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.

Chinese electric vehicle maker BYD (BYDDF) on Thursday outlined plans to expand its dealership network in Vietnam as it opens its first stores in the country th

BYD will launch three additional new models in Vietnam in October and plans to expand its dealerships to 100 by 2026.