BYD Global

BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers.

BYD just saw its 7 millionth NEV roll off the line on March 25.

BYD has launched three BEV models in Tunisia -- Tang EV, Dolphin and Atto 3, and two PHEV models -- King and Song Plus DM-i.

The first phase of BYD's Uzbekistan plant will produce the plug-in hybrid models Song Plus DM-i and Chazor DM-i, with an estimated annual capacity of 50,000 units.

The Seal EV starts at about the same price as the Tesla Model 3 in Japan, BYD's highest price there.

BYD said it has built up a team of more than 100 people in Saudi Arabia and will open more stores there.

BYD plans to increase the number of its dealer stores in Brazil to 250 by the end of 2024.

BYD received 5,345 orders at the Bangkok auto show, which ended on April 7, placing it in second place in terms of orders received at the event.

BYD announced the plan at the ongoing Bangkok auto show, where its full range of brands including BYD, Yangwang, Fang Cheng Bao and Denza are participating.

BYD has slowed down plans to start construction of an EV plant in Vietnam due to its strategy and a slowdown in the EV market, Reuters reported.