Insight

BYD to Finalize $1bn Indonesian Manufacturing Plant by 2025

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Algo Research Team

Industry | Jan 22, 2025 | Views: 812

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Key Summary:

  • Company aims to complete the plant by 2025
  • Capacity is estimated to be 150K units annually
  • Long-term plan is to target local and export markets

BYD’s commitment to invest and expand in Indonesia has been a positive testament of the country’s position as an important electric vehicle (EV) market in the region.


Context: BYD initially announced its intention to build a manufacturing facility in Indonesia in early last year, supported by an investment commitment of USD1.3bn.

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