SEHK:1211Auto
BYD’s Brazil Expansion Adds New Layer To Global EV Capacity Story
BYD (SEHK:1211) is investing in a new automotive testing and evaluation center in Rio de Janeiro, Brazil.
The company is also expanding local assembly operations in Brazil, with plans to double assembly capacity.
These Brazil investments focus on R&D and production for electric vehicles and have not been covered in earlier reports.
BYD, a major electric vehicle and battery producer, has been growing its presence in global EV markets, and Brazil is emerging as a key part of that story. The...