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. REUTERSStephane Mahe

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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