Vehicles still have no defined price in the concessionaires, since their commercial launch is scheduled for the last quarter of the year.
The landing of Byd (Build Your Dreams) In Argentina it marks a new chapter for the local electric car market. The Chinese company, considered the great rival of Tesla and world leader in sustainable mobility, formalized the creation of its subsidiary Byd Auto Argentina Saua key step in its regional expansion strategy.
Yuan Deng Executive was appointed president and only titular director. The statute of the subsidiary includes a wide range of activities: From the manufacture and marketing of electric cars to auto parts, batteries and luminaries, in addition to maintenance services.
The monstrous Chinese automotive that sells more cars that is already in Argentina: what models brought
The Chinese company formally initiated its operations in Argentina with the arrival of a First lot of 110 units of the Yuan Pro Electric SUVlanded in the port of Zárate To complete the nationalization process. Vehicles still have no defined price in the concessionaires, since their commercial launch is scheduled for the last quarter of the year.
In parallel, the arrival of new shipments that will allow reaching some 7,800 unitspart of the quota of 50,000 electrified vehicles authorized by the Government to enter the country with a reduced import tariff.
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In principle, Byd will work with local distributors, although the opening of the subsidiary leaves the door open to direct investment projects in infrastructure and production.
Globally, the firm born in 1995 as a battery manufacturer reached 4.27 million plug -in units sold in 2024consolidating its position as a world leader. Its vertical integration model allows you to lower costs and compete with more accessible prices.
In Latin America, Byd already builds a plant in Brazil and actively participates in the public transport of cities such as Bogotá, Santiago and São Paulo. In Argentina, its arrival coincides with a growing market: the import regime without tariff authorized almost 50,000 electric and hybrid vehiclesof which 63% corresponds to Chinese brands.
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.
