Cambodia Confirms Plans for New BYD EV Plant
China’s leading electric vehicle (EV) manufacturer, BYD, is planning to build an EV assembly plant in Cambodia, according to a statement by Cambodian Prime Minister Hun Manet. The plant is expected to have an annual production capacity of 20,000 units. Specific details regarding the construction timeline and launch date have not been disclosed, and BYD has yet to confirm the project.
Cambodia aims to have 30,000 electric vehicles on its roads by 2030 as part of its EV development plan for 2024–2030.
BYD Expands EV Footprint Across Global Markets
BYD’s global strategy includes an annual production capacity of about 1 million vehicles, with investments in EV production facilities in Hungary, Thailand, Brazil, Uzbekistan, Morocco, India, Turkey, and Vietnam. On July 9, BYD signed an agreement with the Turkish government to establish a research and development center capable of producing 150,000 electric vehicles annually.
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