International
BYD Chooses Brazil For Its First EV Hub Outside Asia
2023 BYD Atto 3 EV is priced from from RM149,800 in Malaysia.
BYD, a Chinese automaker, announced on Tuesday that it will invest 3 billion in a new industrial complex in northeastern Brazil, with the goal of increasing local production and offering more competitive prices.
The three-plant complex will be built in the Camacari industrial park in the northeastern state of Bahia, on land previously occupied by a Ford plant that will close in 2021.
The announcement follows a reported government push to incentivize BYD to build a new electric car hub in the state after Ford closed its plant there.
The plants are expected to begin operations in mid-2024.
According to BYD, one of the plants will be dedicated to the production of chassis for buses and electric trucks. The second plant will focus on hybrid and electric vehicles, with an initial production capacity of 150,000 vehicles per year, and the third will process lithium and iron phosphate for the international market. The complex would create over 5,000 jobs, according to the company.
Gallery
Tagged:
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VPG3497
SELANGOR
BSF4838
JOHOR
JYA4553
PULAU PINANG
PRR4758
PERAK
ANW6434
PAHANG
CFC1277
KEDAH
KGA9315
NEGERI SEMBILAN
NEG2297
KOTA KINABALU
SJL2913
KUCHING
QAB5083L
Last updated 17 Jun, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.07
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.74
EURO 5 B7
RM 2.94
Last updated 12 Jun, 2025
Related News
International
Price Wars in China Are Breaking the Supply Chain
Experts say endless price wars in China are hurting not just automakers, it’s also affecting the entire supply chain.
12-06-2025
International
BYD Takes Over Distribution in Australia – Malaysia Next?
BYD takes full import and distribution control in Australia as it aims to increase its sales volume. Is Malaysia next on the list?
28-05-2025
International
BYD Outsold Tesla In Germany And UK
BYD experienced a significant increase in international sales in April, surpassing Tesla in both Germany and the UK.
09-05-2025
International
BYD, Aramco Collaborate On New Energy Vehicle Technologies
BYD and Saudi Aramco and are partnering to develop new energy vehicle technology.
23-04-2025
International
Teased: BYD Yangwang U8L – Ultra-luxe REEV 4x4 With Up To 7 Seats?
New extended-length BYD Yangwang U8L luxury 4x4 REEV SUV teased ahead of Auto Shanghai 2025 debut.
22-04-2025
EV
EV Cold War: Beijing Wary of US Access to Chinese EV Tech
China is hitting the brakes on EV expansion in Latin America over fears its tech could drift into US hands.
13-04-2025
EV
BYD e7 Unveiled in China as Brand’s New Entry-Level EV Sedan
BYD’s new affordable EV sedan will be made into taxis in China, featuring a 134 HP-rated e-motor and 520 KM of CLTC range.
10-04-2025
Review
Tested: BYD M6 Standard Range – Back to Basics!
Despite its ‘basic’ specs, the BYD M6 Standard Range proved to be a sensible yet capable EV for you and your family.
07-04-2025
Latest News
International
Ativa’s Subaru Rex ‘Cousin’ Gains New Hybrid REEV/EREV Variants
Japan market Subaru Rex, essentially ‘twins’ with the Perodua Ativa, gains new hybrid REEV/EREV variants.
16-06-2025
International
Luca De Meo Quits As Renault CEO To Join Luxury Goods Giant Kering
58-year-old Luca De Meo resigns as CEO of Renault to lead luxury goods giant Kering instead.
16-06-2025
International
2025 Le Mans 24 Hours Sees Ferrari Chart Three-Peat Win
2025 Le Mans 24 Hours race see Ferrari chart historic three-peat win in the hands of privateers AF Corse.
16-06-2025
International
Ferrari 296 Speciale Gains New Le Mans-Inspired Piloti Edition
The Ferrari 296 Speciale gains a new Piloti edition, featuring design bits inspired by the 499P Le Mans hypercar.
16-06-2025
International
This is McLaren’s New Le Mans Hypercar for 2027
McLaren has unveiled its new Le Mans hypercar for the 2027 season of the FIA World Endurance Championship.
15-06-2025
International
Toyota GR LH2 Racing Concept Unveiled as a Hydrogen-Hybrid Le Mans Racer
Toyota has unveiled its second hydrogen-powered Le Mans hypercar concept, known as the Toyota GR LH2 Racing Concept.
14-06-2025
International
Chery Nears 5 Million Export Milestone; One Vehicle Shipped Every 29 Sec
As Chery races towards 5 million exports, signs point to Malaysia welcoming its premium brand Exeed as early as 2026.
13-06-2025
International
London-bound Air India Boeing Crash Kills Hundreds, Leaves Sole Survivor
An Air India flight bound for London tragically crashed in western India on Thursday, resulting in over 290 fatalities.
13-06-2025
Show More
trending_flat