China's largest electric vehicle (EV) producer BYD is planning to build an EV assembly plant in Cambodia, according to the country's prime minister Hun Manet.
The plant will have a design capacity of 20,000 units/yr. More details including the construction schedules and launch dates were undisclosed, with BYD also yet to confirm the project.
Cambodia aims to increase its EV fleet to 30,000 on its roads by 2030, according to the country's EV development plan for 2024-30.
BYD's global reach includes investment in EV production in Hungary, Thailand, Brazil, Uzbekistan, Morocco, India, Turkey and Vietnam, with a combined planned capacity of around 1mn EVs/yr. It signed a deal with the Turkish government on 9 July to build a Turkish factory and research and development centre capable of producing 150,000 EVs a year.
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