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BYD Chooses Brazil For Its First EV Hub Outside Asia

Anis

5-7-2023

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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.

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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.

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Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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JPJ Running Numbers

KUALA LUMPUR

VPC1444

SELANGOR

BSE4486

JOHOR

JXW5014

PULAU PINANG

PRQ3484

PERAK

ANV3498

PAHANG

CFB6586

KEDAH

KGA4254

NEGERI SEMBILAN

NEF7147

KOTA KINABALU

SJK7403

KUCHING

QAB3070L

Last updated 02 May, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.18

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.88

EURO 5 B7

RM 3.08

Last updated 01 May, 2025

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