BYD Temporarily Halts Plans for Vietnam Electric Vehicle Factory

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HANOI - The Chinese electric vehicle maker BYD has slowed down its plans to build an EV factory in Vietnam, according to the manager of the industrial park where the plant would be built.

BYD headquarters in China did not respond to a request for comment about Thursday’s statements from Gelex.

But after delays, the two sides were now seeking a suitable time to start the project, he told the meeting.

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Category: EconomyBusiness

Markets: ThailandChinaIndonesiaVietnam

Topics: Factory Plans Gelex Vehicle Build Electric Company Industrial Meeting Investment Vietnamese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 22:00:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 20545040

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