Stock Market News
Chinese EV giant BYD to launch cars in Indonesia next week – company
2024.01.09 00:37
© Reuters. A view of a wheel of the BYD Seal at the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato/File Photo
JAKARTA (Reuters) – China’s BYD (SZ:), the world’s biggest seller of battery electric vehicles (BEVs), will launch its cars in Indonesia next week, the company said on Tuesday.
The launch comes amid efforts from Indonesia to accelerate adoption of EVs in a bid to reduce emissions.