10 Oct, 23

Chinese Auto Giant BYD Sets Sights On Uzbekistan Expansion

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China and Uzbekistan are making progress on an Uzbek-based joint venture to produce electric and hybrid vehicles. While all the pieces appear to be in place, a firm production timetable has yet to be established. The venture involves BYD Auto, the Chinese entity that surpassed Tesla in 2022 as the leading seller of electric vehicles, and Uzavtosanoat JSC. The construction of an assembly facility in Uzbekistan’s Jizzakh Region is well underway. BYD CEO Wang Chuanfu traveled to Tashkent for the JV’s signing ceremony: the agreement “provides…

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