BYD Global

Seal is the third EV model launched by BYD in Nepal after Atto 3 and Dolphin.

BYD currently has a network of more than 10 dealers in the Philippines and seven in Singapore.

BYD plans to have the Hungarian plant, which will produce passenger car models for sale in Europe, up and running within three years.

BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market.

Uzbekistan's president visited BYD's Shenzhen headquarters on January 25, and together with the NEV maker's chairman remotely witnessed the start of production at the plant.

Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.

BYD has launched the Seal, Dolphin and Atto 3 in Indonesia and plans to invest $1.3 billion in a plant with a capacity of 150,000 vehicles.

BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.

BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.

BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.