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BYD Aims for 150,000 Annual EV Output at $1 Billion Indonesian Plant
The direction has been set! Local "two sessions" are hotly discussing new energy vehicles and the low-altitude economy. The entire Industry Chain is pressing the "accelerator button" to improve quality and efficiency.
According to preliminary statistics from the Financial Associated Press, over half of the provinces in the 2025 government work reports across 31 provinces clearly mentioned the New energy Fund industry; nearly 10 provinces referred to the low-altitude economy. Seven provinces have set targets for the production volume, output value, and construction of Charging Stations for New energy Fund vehicles.
BYD to Complete Construction of $1B Indonesia Facility by Late 2025
According to the China Automobile Association, the top ten automobile manufacturers in sales for 2024 sold a total of 7.915 million vehicles.
According to Statistics from the China Automobile Industry Association, in 2024, the top ten producing companies of sedans sold a total of 7.915 million units, accounting for 68.7% of the total sedan sales.
BYD Sales Could Rise in 2025 on Continued Government Subsidies -- Market Talk
BYD Target Price Raised to HK$355.00 From HK$353.00 by HSBC Global Research>1211.HK