BYD Officially Builds a Battery Factory in Vietnam

The inauguration of the BYD battery factory in Vietnam. (Photo: CNevpost)

JAKARTA - BYD continues to establish itself in the Southeast Asian automotive market, after establishing various factories including in Indonesia, BYD has started the construction of a battery factory in partnership with a Vietnamese car manufacturer.

CNevpost, Wednesday, January 28, BYD partnered with Vietnamese car manufacturer Kim Long Motor. The company announced that the facility is located within the Kim Long industrial park.

This plant will be developed in two phases. Phase one, which covers an area of 4.4 hectares, will have an annual capacity of 3 GWh.

This phase will mainly supply batteries for trucks, buses, vans, and other new energy commercial vehicles, with an export target to regional markets. Phase two will expand capacity to 6 GWh per year.

"Kim Long has developed and produced 34 electric buses that utilize BYD battery technology," said the Vietnamese car manufacturer.

The announcement did not mention when the battery factory would start operating. However, the move is quite good with BYD's seriousness in tapping the Southeast Asian market.

BYD factory in Southeast Asia

BYD is indeed making a rapid penetration in the Southeast Asian market, even the Chinese brand already has a factory in Thailand which was inaugurated two years ago, with a production capacity of 150,000 units per year. In Indonesia itself, BYD built a factory in Subang with the same capacity as Thailand.