BYD Announces $800 Million Investment in Indonesia for Electric Vehicle Production Boost

Published: Oct 18, 2024 21:44

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BYD to Invest 11.7 Trillion Indonesian Rupiahs in Indonesia"

PT BYD Motor Indonesia plans to invest 11.7 trillion Indonesian rupiahs with an annual production capacity of 150,000 electric vehicles. It is understood that BYD has successfully sold 2,000 vehicles from June to September this year. This additional investment by BYD is believed to be conducive to promoting the development of the auto parts and automotive industries.

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