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In February of last year, BYD Auto Industry Co Ltd (BYD) and UZAVTOSANOAT JSC (UzAuto) signed a strategic Memorandum of Understanding (MOU) to develop, produce, and popularize “new energy vehicles” (NEV) in Uzbekistan. UzAuto is the largest and only manufacturer in Central Asia to offer a full range of vehicles.
BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.
The percentage of the world’s population living in water-stressed regions—currently one out of every three—is expected to double to two of every three by 2025 as declining water supplies are further stressed by increased water demand for irrigation, hydration, and industrial cooling in warming regions. Sectoral Water Risks.
The company’s Thailand investment is expected to bring advanced manufacturing technology, industrial development, and a significant number of jobs in the country, as noted in a CNEV Post report. The facility is constructed on land acquired from WHA Industrial Development PLC in September 2022. million units.
Uzbekistan has built solar and wind plants totaling 3.5 Only 1,200 km of this kind of cable are manufactured each year globally, and with customer demand from other projects, it will take three to four years just to produce enough for the Black Sea project. Every family has someone working in this industry.
Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& & This puts Germany in a difficult position, especially automotive manufacturers. influence.&
The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.
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We EV pundits have been writing about the rise of the Chinese EV industry for years. The Chinese carmakers are the first real competition that the global car industry has faced in decades, and American companies must be exposed to some of that threat, for their own good. Its cheapest models go for a little over $11,000.
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