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January 01,2025

Indonesia:An investment of $754 Million pooled in by BYD for scaling EV manufacturing

BYD is investing $754 Million to build EV manufacturing facility in Indonesia. The plant is anticipated to be fully functional by January 2026. The location of the facility is Subang, West Java. The plant targets to have a annual capacity of 150,000 EVs. BYD plans to launch more EV models and plug-in hybrid (PHEV) models in Indonesia.

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