BYD to start local EV production in Bangladesh
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Chinese automaker BYD will start producing electric vehicles locally in Bangladesh through its partnership with Runner Automobiles. The move is expected to create new opportunities for local production expansion and technology transfer in the country's automobile industry.
Chinese automaker BYD will produce electric vehicles in Bangladesh. Runner Automobiles approved the decision to manufacture vehicles and signed a 'Master Supply and Manufacturing' agreement with BYD. The partnership aims to expand local production and transfer technology. Existing facilities will be upgraded for EV production. Investment decisions will be finalized in the next three to four months. BYD already has three models on the market in Bangladesh, with strong demand prompting the move to local manufacturing.
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