– BYD is rapidly expanding in the EV market, with new factories and models being rolled out
– The company inaugurated a new factory in Uzbekistan in partnership with Uzavtosanoat JSC
– This joint venture facility will have an annual production capacity of 50,000 vehicles
– BYD has sold 15,000 plugin vehicles in Uzbekistan and opened 18 official sales and service centers
– The company has also partnered with the Uzbekistan government to promote new energy vehicles and green transportation initiatives
– The collaboration aims to stimulate the development of the NEV industry supply chain in Uzbekistan
– BYD’s expansion into Uzbekistan and other markets is part of its growth strategy as the Chinese EV market becomes more competitive.