“Over the past 30 years, there has been little investment in the automotive sector in Brazil, but the arrival of BYD shook up the market and now several other automakers are announcing long-term investments,” comments Stella Li, CEO of BYD Americas.
“Importantly, our R5.5 billion will be invested in a short space of time. We want to accelerate the work so that we can soon have the first cars produced in Bahia,” she continued.
Finally, the governor of Bahia, Jerônimo Rodrigues, expressed his satisfaction with BYD‘s strategic approach to its arrival in Brazil, highlighting the effectiveness of its initiatives, emphasizing the importance of cooperation between the state government and the company to expedite progress on various fronts.