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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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BYD aims to start vehicle production at Thailand EV plant in Q3 2024

Teslarati

The announcement coincided with the automaker’s participation in the ongoing 45th Bangkok International Motor Show, which is being held from March 27 – April 7, 2024. BYD showcased its entire brand portfolio — including BYD, Yangwang, Fang Cheng Bao, and Denza — at the 45th Bangkok International Motor Show.

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

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. China exported over 1.2 million in 2023, increasing by 35% relative to 2022.