BYD, a Chinese electric vehicle (EV) major, has been strategically forming partnerships in Southeast Asia. These collaborations are aimed at expanding the company’s presence in the region and tapping into the growing demand for electric vehicles.
One of BYD’s notable partnerships is with the Malaysian automaker, Proton Holdings Berhad. The two companies have joined forces to develop and produce electric vehicles in Malaysia. This partnership allows BYD to leverage Proton’s extensive market knowledge and manufacturing capabilities, while Proton benefits from BYD’s expertise in EV technology.
Another significant partnership for BYD is with Singapore-based ride-hailing company, Grab. Together, they are working on a pilot program to introduce a fleet of electric taxis in Singapore. This initiative not only promotes the adoption of EVs but also contributes to reducing carbon emissions in the transportation sector.
BYD has also collaborated with the Thailand-based energy company, Bangchak Corporation Public Company Limited. This partnership focuses on the development of electric buses and charging infrastructure in Thailand. By combining their resources and expertise, BYD and Bangchak aim to accelerate the transition towards cleaner and more sustainable public transportation.
In Vietnam, BYD has teamed up with VinFast, a local automotive startup. Their partnership centers around the localization and production of electric buses, electric cars, and battery energy storage systems. By working together, the two companies aim to drive the adoption of electric mobility solutions and contribute to the development of a greener transportation ecosystem in Vietnam.
With these partnerships, BYD is positioning itself as a key player in the Southeast Asian EV market. By collaborating with local companies, BYD not only gains access to unique market insights and resources but also helps drive the adoption of electric mobility solutions in the region.
– Factbox-Chinese EV major BYD’s partnerships in Southeast Asia