BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates
Baua Electric
MARCH 29, 2024
Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.
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