https://electrek.co/2025/01/20/byd-open-new-ev-plant-overseas-150000-vehicle-capacity/ Skip to main content Toggle main menu Go to the Electrek home page Switch site * 9to5Mac * 9to5Google * 9to5Toys * DroneDJ * Space Explored * About * Privacy * * * * * * * * * * * * Toggle social menu * Toggle dark mode Search for: [ ] Submit Toggle search form * Exclusives * Autos + Electric Vehicle Price Guide - best prices for dealers in the US + Tesla + Ford + GM + BMW + Jaguar + VW + Daimler/Mercedes + Hyundai + Nissan + Toyota * Alt. Transport + Ebikes + Electric Motorcycles + Bus + Hyperloop * Autonomy + Tesla Autopilot + Cruise Automation + Uber + Waymo * Energy + Green Energy + Climate * Tesla Shop * Store * * * * * * * * * * * * * Toggle dark mode * BYD BYD is about to open another massive EV plant overseas with 150,000 vehicle capacity Avatar for Peter Johnson Peter Johnson | Jan 20 2025 - 7:29 am PT 20 Comments BYD-EV-plant-Indonesia The world's largest electric vehicle maker is becoming a force in the global auto market. BYD confirmed it's on track to open another massive EV plant overseas by the end of 2025. The new facility in Indonesia will be able to produce 150,000 vehicles a year as BYD expands its overseas manufacturing footprint. After selling a record over 4.27 million new energy vehicles (NEVs) last year, BYD is turning up the pressure in 2025. Tesla topped BYD by about 25,000 units last year for the global EV sales crown. However, in terms of production, China's leader sneaked past Tesla by about 4,500 vehicles to claim the title of "World's largest EV maker" for 2024. As a new wave of homegrown EVs arrives in China, BYD is focusing on overseas markets to drive growth in 2025. After opening its first EV plant in Thailand last year, BYD confirmed another overseas manufacturing facility is on track to open by the end of the year. In a new interview with Reuters, Eagles Zhao, BYD's president director in Indonesia, said the company is aiming to finish the $1 billion manufacturing plant in the region by the end of 2025. "Every single progression of our local manufacturing is quite smooth and also on the track. We will keep our commitment, which is by end-2025," Zhao said. BYD-EV-plant-IndonesiaBYD EV models at a dealership in Indonesia (Source: BYD) BYD to open new overseas EV plant in Indonesia in 2025 According to Zhao, BYD plans to use the new EV plant for exports as it aggressively expands into overseas markets. Like its plant in Thailand, the new overseas facility will have a production capacity of 150,000 vehicles. Because of the $1 billion investment, BYD has been temporarily allowed to ship cars into Indonesia without an important tax. BYD-EV-plant-IndonesiaBYD's first EV manufacturing plant in Thailand (Source: BYD) The move is part of Indonesia's goal to build 600,000 EVs domestically by 2030. Like other Southeast Asian countries, Indonesia is introducing new policies to attract foreign investments and take advantage of the market's shift to EVs. BYD is already the leading EV maker in Indonesia, accounting for over a third (36%) of the market. According to the auto association, the EV giant sold nearly 15,500 vehicles last year, its first full sales year. BYD-EV-plant-IndonesiaBYD global headquarters Indonesia (Source: BYD) The company already sells several popular models in Indonesia, including the Seal, Atto 3, and Dolphin. Last summer, it launched its first electric multi-purpose vehicle (MPV), the M6. BYD said the M6 was already its best-selling vehicle last year. This week, BYD is introducing its luxury Denza brand. According to Zhao, BYD will launch more vehicles in the region this year but didn't say what models or how many to expect. BYD-EV-plant-IndonesiaBYD dealership in Indonesia (Source: BYD) Once construction is complete, Zhao expects production to begin shortly after. With new models arriving, BYD expects "rapid" sales growth in Indonesia this year. Electrek's Take BYD's rapid rise in the global auto market is already causing legacy automakers to scramble. For example, Japan's Honda and Nissan are now teaming up as they struggle to keep pace with BYD and other Chinese EV makers. Japanese car brands like Toyota and Honda have historically dominated Southeast Asia. Once representing over 90% of the market, Japanese automakers have watched their share of the "Detroit of Asia," or Thailand, fall to just 76% over the past two years. Top comment by Grant Liked by 8 people Indonesia has a massive population. I welcome BYD in any market to help decarbonize the world. View all comments In fact, BYD sold more electric cars in Japan last year than Toyota, and 2024 was BYD's first full sales year in Toyota's home market. BYD is quickly expanding the brand globally with new plants opening in Mexico, Brazil, Hungary, Turkey, and Pakistan. Although BYD is best known for low-cost EVs like the Seagull and Dolphin, it is launching new models in just about every segment, including pickup trucks, smart SUVs, luxury models, and electric supercars. One thing is for certain: BYD will continue to be a name to watch in 2025 as the company looks to maintain its impressive global sales run. Add Electrek to your Google News feed. FTC: We use income earning auto affiliate links. More. Stay up to date with the latest content by subscribing to Electrek on Google News. You're reading Electrek-- experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don't know where to start? Check out our YouTube channel for the latest reviews. 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He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn't telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising [pus] Manage push notifications All [ ] Post [ ] Update [electrek-8] notification icon We would like to show you notifications for the latest news and updates. Allow Cancel notification icon You are subscribed to notifications Close notification icon We would like to show you notifications for the latest news and updates. Allow Cancel notification icon You are subscribed to notifications Close