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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

MARCH 29, 2024

BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas. BYD is pressuring legacy automakers after slashing EV prices and introducing a series of more affordable “Honor Edition” models.

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Thailand BYD Production Uzbekistan 52
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2

Costa Rica 52
Costa Rica Cars Brazil Thailand 52
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