According to the document, BYD Auto and Uzavtosanoat JSC will create a joint venture "BYD Uzbekistan Factory" for the production of electric and hybrid cars in our country.
The planned volume of production at the first and second stages of the investment project will be 50 thousand units, and with the completion of the third stage, the figure will reach 300 thousand cars.
As it was noted at the ceremony, BYD Uzbekistan Factory will become the first joint venture of the Chinese world leader of electric vehicles outside of China, which became possible thanks to the industrial and scientific and technical achievements of the Uzbek automotive industry and the investment attractiveness of Uzbekistan, the press service of MIPT reports.
For reference: in 2022, the Chinese concern became the world leader in the production of cars using alternative energy sources.
