Chinese automaker BYD to make EVs in Vietnam


FILE PHOTO: The logo of BYD is pictured at the 2022 Paris Auto Show in Paris, France October 17, 2022. REUTERS/Stephane Mahe

HANOI (Reuters) - Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company's chair.

Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export components to an assembly plant planned in neighbouring Thailand.

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