Chinese Automaker BYD to Make EVs in Vietnam
Chinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair.
Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export components to an assembly plant planned in neighboring Thailand.
Photo courtesy of khengsiong.
Source: CNN Business (link opens in a new window)