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Home News Automotive

BYD launches in Indonesia with new cars, $1.3B factory

NEWSROOM by NEWSROOM
March 21, 2024
in Automotive, South Asia
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Journalists take a look at the newly launched BYD Atto 3 in Jakarta on Jan. 18, 2024 during the launch of the BYD brand. Bay Ismoyo—AFP/Getty Images

BYD is now the world’s largest EV maker, selling more battery-powered cars than Tesla in the final quarter of 2023. Yet most of the sales that took BYD to the top were in China. That may change, as the Warren Buffett-backed company now seeks to break into markets in Europe, Latin America, and Southeast Asia.

The Chinese car company has now chosen its next target: Indonesia, Southeast Asia’s largest…



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