Chinese EV leader BYD makes aggressive push in ASEAN

Tesla rival eyes doubling outlets in Singapore, Philippines after entering Indonesia

20240131 BYD Cars in Singapore

Rising Chinese electric vehicle maker BYD plans to roughly double its sales outlets in Singapore and the Philippines this year. (Photo by Dylan Loh)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Rising Chinese electric vehicle maker BYD plans to roughly double its sales outlets in Singapore and the Philippines together as it pursues aggressive expansion in ASEAN after launching in Indonesia recently.

The automaker, which has grown to rival Elon Musk's Tesla as the world's top EV manufacturer, wants to open more than a dozen sales outlets for passenger cars this year alone in Singapore and the Philippines, according to its managing director for both markets, James Ng.

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