Smart and Sustainable Electric Mobility
BYD received 5,345 orders at the Bangkok auto show, which ended on April 7, placing it in second place in terms of orders received at the event.
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BYD announced the plan at the ongoing Bangkok auto show, where its full range of brands including BYD, Yangwang, Fang Cheng Bao and Denza are participating.
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BYD has slowed down plans to start construction of an EV plant in Vietnam due to its strategy and a slowdown in the EV market, Reuters reported.
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BYD's Dolphin and Seal U will be introduced to Greece next.
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BYD plans to hold a groundbreaking ceremony for a factory in Indonesia this July, a senior local official said.
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BYD has previously offered two BEVs, the Han and Atto 3, in the UAE, and the Song Plus and Qin Plus mark the first time it has offered PHEVs there.
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The cost of building a Mexican plant could be around $600 million, similar to what BYD paid for its Brazilian EV plant, Bloomberg said, citing a person familiar with the matter.
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BYD's Brazilian production base complex will start production in late 2024 to early 2025, with an expected annual capacity of 150,000 vehicles per year in the first phase.
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Seagull is the latest in the Ocean range offered by BYD in Brazil and Mexico, following the Seal and Dolphin.
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BYD's plan is to build the facility for the Mexican market, not the export market, a company executive said.
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