In this way, the country seeks to step forward in the development of electromobility, where Brazil already takes a wide advantage in the region.
Byd, leading electric car manufacturer, registered its society in Argentina to start operating in the country. The Chinese company already has a strong presence in Brazil.
As reported in the Official Gazette, the company that produces the most electric cars and sells in the world formalized the creation of Byd Auto Argentina Sau, A company based in the Recoleta neighborhood, of the Autonomous City of Buenos Aires, and chaired by Yuan Deng.
The arrival of the firm occurs within the framework of its objective of duplicating its sales abroad and exceeding 800,000 units. Great Britain, Latin America and Southeast Asia are the sites where they see the greatest opportunities to meet that goal.
Within that framework, in the first months of 2025 it had already transpired that Byd planned to insert himself in the Argentine market this year, with a project that would include a Import model and an exclusive network of concessionaires to market their vehicles in the country.
Byd already settled in a former Ford Flame in Brazil
It is worth noting that byd It has a factory in Brazil, located in the state of Bay, where the Ford plant was previously. One of the main attractions of that location is that it has its own port.
In 2025, sales of electric vehicles in the neighboring country reached a floor of almost 7% monthly over the total and it is expected that, with the new local production, that percentage will increase more and more. In this framework, It is evident that Argentina already runs far in the race to develop its electromobility.
In addition to Byd, this week the Brazilian president, Lula da Silva, inaugurated the first GMW floor, the other manufacturer of this type of cars. The president said that this arrival will allow generating 1,000 direct jobs here at the end of 2026, and highlighted the design of policies such as Nova Industria Brazil (NIB) and the Move program, “that encourage sustainable production, technological innovation and competitiveness.”
“With this inauguration, we show the world that Brazil is ready to lead the transition to a cleaner fleet, technologically more advanced and competitive, strengthening our economy and guaranteeing opportunities for all,” Lula celebrated.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
