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

Baua Electric

The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. According to recent reports , BYD is pushing back plans for an additional factory in Vietnam amidst the expansion. BYD was Thailand’s best-selling EV maker last year.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. million EVs in 2023 In China, the number of new electric car sales reached 8.1 million EVs in 2023 In China, the number of new electric car sales reached 8.1 China exported over 1.2 China exported over 1.2