Chinese EV maker introduces brand in Vietnam
Chinese electric vehicle (EV) maker BYD on July 18 officially introduced its brand with three key lines, and announced its strategy in the Vietnamese market.
The three lines, namely BYD SEAL, BYD DOLPHIN, and BYD ATTO 3, have prices starting from VND659 million (US$26,037).
Liu Xueliang, general manager of BYD Asia-Pacific auto sales division, said that the company’s strategy is to accompany other businesses in Vietnam to develop an environmentally friendly new-energy vehicle industry, thereby creating positive changes for the community, towards a better life.
BYD will focus on developing key strategies to contribute to diversifying green transportation and clean energy solutions, aiming for a sustainable future.
For July, the company plans to officially open 10 showrooms in Hanoi, Ho Chi Minh City, and Binh Duong, Ba Ria-Vung Tau, Thanh Hoa, Quang Ninh, and Bac Giang provinces, he said, adding that the figure will be increased to 100 nationwide within three years.
In addition, BYD has cooperated with financial and insurance partners. In the first phase, it has collaborated with three large banks, namely BIDV, VPBank, and VietinBank, to carry out loan support programmes of up to 85% of the vehicle value with preferential interest rates. It has also shaken hands with reputable insurance partners to bring exclusive incentives, helping BYD car owners feel secure while operating their vehicles.
