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BYD to complete $1b Indonesia plant by year-end

Chinese electric vehicle manufacturer BYD is expected to complete its US$1 billion factory in Subang, West Java, by the end of 2025, according to Eagle Zhao, president director of its Indonesian unit.

The plant is part of BYD’s strategy to serve export markets.

It will have an annual production capacity of 150,000 electric vehicle (EV) units.

Zhao reported that construction is progressing smoothly and on schedule.

Production is anticipated to begin shortly after the facility’s completion.

Recent BYD developments

Timeline
02-Jan-2025 🚗 BYD hits new record, closing EV sales gap with Tesla
  • BYD sells 4.25M cars, 1.76M fully EVs in 2024.
  • Sales boost from government subsidies and buyer incentives.
26-Dec-2024 🚨 BYD contractor denies labor abuse claims at Brazil factory
  • Jinjiang denies poor labor conditions allegations.
  • 163 workers found in ‘slavery-like’ conditions.
24-Dec-2024 🚨 BYD shuts Brazil factory over labor abuses
  • BYD ends partnership after labor violations found.
  • 163 workers rescued from ‘slavery’-like conditions.
17-Dec-2024 🤖 BYD plans to recruit global graduates for robotics research
  • BYD recruits for 25th robotics research team.
  • Targeting master’s and PhD graduates for 2025.
14-Dec-2024 🚗 BYD to produce its EVs in Europe in 2025

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