China's BYD to complete $1b Indonesia plant by year-end

China's BYD to complete $1b Indonesia plant by year-end

BYD Indonesia President Director, Eagle Zhao gestures during an interview in Jakarta, Indonesia, January 20, 2025. REUTERS/Ajeng Dinar Ulfiana

China’s top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm’s ambition to dominate in the market where Japanese automakers are popular.

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