China’s BYD eyes EV assembly in PH

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BYD, China’s largest electric vehicle (EV) manufacturer, is looking at producing EVs in the Philippines.

BYD, China’s largest electric vehicle manufacturer, is looking at producing EVs in the Philippines.

BYD is outpacing Tesla in sales, selling 1.62 million cars between January and November 2022 compared to Tesla’s 1.37 for all of 2022. Meantime, the BOI has approved last year the registration of three other Chinese EV companies with local partners planning to put up 1,000 charging stations, assemble 10,000 passenger cars for lease and 10,000 units for Transportation Network Vehicle Service .

 

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