BYD breaks ground on Cambodian car factory, Chinese embassy says
Tweet
Share
E-mail
FILE PHOTO: The logo of BYD is pictured on an electric car at a dealership in Reze near Nantes, France, March 27, 2025. REUTERS/Stephane Mahe/File Photo
BEIJING (Reuters) -Chinese electric vehicle giant BYD broke ground on its Cambodia passenger vehicle factory on Monday, according to the Chinese embassy in Cambodia.
The new plant in the Sihanoukville Special Economic Zone, with an annual production capacity of 10,000 vehicles, covers an area of 120,000 square meters and is expected to begin operations by the end of this year, the special economic zone said in a statement on its WeChat account on Monday.
BYD had received nearly 1,000 new energy vehicle orders in Cambodia in the first quarter, the statement said.
(Reporting by Beijing newsroom; Editing by Jacqueline Wong)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Saudi pipeline outage threatens loss of 4% of global oil supply
- New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies
- US Rep. Tom Tiffany says he sustained minor injuries after plane makes emergency landing
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
