In search of reinforcing its global expansion with local strategies and advanced technology, this manufacturer drew an ambitious route for 2025, which seeks to step strong in Latin America. When does our country arrive?
He Chinese manufacturer of electric vehicles drew an ambitious roadmap by 2025, with the aim of duplicate your sales abroad and exceed 800,000 units.
Byd, the main automotive of Chinaplan to enter the Argentine market this year. The project will include an import model and an exclusive dealer network to market its vehicles in the country. While there is still no exact date for landing in national territory, the next months will be key to confirm their arrival.
In that framework, and betting on specifying the amount of sales planned by 2025, the company will bet on the Located production and cost optimizationthus avoiding possible tariff barriers in various markets, according to its president, Wang Chuanfuat a recent conference with analysts.
Chinese giant expansion in strategic markets
After reaching 417,204 units sold outside China in 2024, Byd provides for significant growth in the United Kingdomcountry that is receptive to the competitiveness of Chinese manufacturers. In addition, the company sees great opportunities in Latin America and the Southeast Asiawhere the positive perception of Chinese brands facilitates their consolidation.
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Before the growing commercial protectionism, Byd Plan assemble vehicles in key markets while maintaining the production of components in China. The company already builds plants in Brazil, Hungary, Thailand and Türkiyebetting on an independent production model, without local partners, backed by its financial solidity.
The approach of Byd Not only lies in its territorial expansion, but also in its ability to offer affordable vehicles with advanced technology. Models like him Seagull They revolutionized the market with prices below 10,000 dollars, while the integration of intelligent driving functions at no additional cost reinforces its competitive attraction.
The company plans to expand its software and semiconductor development team of 5,000 to 8,000 engineerswith a view to launching its intelligent driving systems globally between 2026 and 2027. This advance would consolidate Byd as a key actor in the transformation of the automotive sector.
Challenge to automotive industry giants
Wang He trusts that, when reaching the scale of Toyota, byd It will exceed the profitability by vehicle of the Japanese manufacturer thanks to its efficient cost control. While Toyota He led global sales in 2024 with 10.8 million units, Byd He advanced with 4.27 million and aspires to 5.5 million in 2025.
While the company decided to stay out of the markets of USA and Canada Due to geopolitical tensions, its global strategy and its commitment to innovation position it as a reference in the electric mobility of the future.
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.
