BYD to establish domestic production in Brazil for hybrid and EVs
Chinese automaker BYD will invest more than BRL3 billion (USD615 million) to establish domestic production in Brazil.
The Camaçari complex, which is 50 kilometres from Salvador, will consist of three manufacturing units. One dedicated to the production of chassis for electric buses and trucks. The other will produce hybrid and electric vehicles, with an estimated capacity of 150,000 units per year in the first phase. The third unit, focused on lithium and iron phosphate processing, will serve the global market, utilising the existing port infrastructure at the location.
“This is an extremely important moment for BYD in the Americas,” says Stella Li, executive vice president of BYD and CEO of BYD Americas. “These new factories in Bahia will bring innovation and the highest standards in technology, this will allow the introduction and acceleration of electromobility in the country, a key movement to combat climate change and really improve people’s quality of life.”
Scheduled to start operations in the second half of 2024, the three factories are expected to generate in the next several years more than 5,000 jobs.
“The social contribution will be significant. We want to hire local labor starting this year so that they can begin receiving all the necessary training and knowledge transfer,” says Tyler Li, president of BYD Brazil.
BYD’s new complex will attract suppliers of various types, whether in the technical parts or services sectors. The company intends to contribute to regional development by giving priority to local suppliers. For civil construction works, the company will also prioritise hiring established companies in the region.
On June 28, BYD officially launched BYD DOLPHIN in Brazil, which signifies its inaugural launch of a pure electric model featuring ocean aesthetics design in the Brazilian market. Drawing inspiration from marine elements, the vehicle boasts an exuberant and dynamic overall style. With its 2,700 mm wheelbase, the BYD DOLPHIN offers outstanding interior space, greatly enhancing passenger comfort.
