Jan 17, 2024 07:23 PM

BUSINESS

BYD to Debut in Indonesian Car Market

By Yang Min, Liu Yueling and Ding Yi

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What’s new: Chinese electric vehicle (EV) giant BYD Co. Ltd. is poised to enter Indonesia’s passenger car market in the latest step of its global expansion.

The Shenzhen-based carmaker, which stopped making vehicles running on fossil fuels to focus on pure electric cars and plug-in hybrids in March 2022, will hold a product launch event Thursday in Jakarta, BYD said in a media invitation to Caixin, without providing further details.

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