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BYD breaks ground on Cambodia plant
Chinese EV maker expanding presence in Southeast Asia
The Chinese electric vehicle maker BYD has broken ground on a new assembly plant in Cambodia, as it continues to expand production in Southeast Asia, according to local media reports.
The $32-million plant, occupying 12-hectare site in the Sihanoukville Special Economic Zone, is expected to start production in November of this year, the Phnom Penh Post reported. Planned annual capacity is 10,000 vehicles.
The first phase will assemble mainly battery electric vehicles and plug-in hybrid electric vehicles from completely knocked-down (CKD) kits imported from China, the China News Service reported.
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