BYD Vice President Li Ke (李柯) indicated a policy of expanding local production and procurement and advancing localization from a global company to a local company. In Southeast Asia, the company plans to expand beyond Thailand.
In an interview with The Nikkei, BYD Vice President Li Ke (李柯) emphasized the guiding principle of expanding local production and procurement and becoming a local company rather than remaining a global company.
The company has indicated a policy of pursuing localization in Southeast Asia and plans to respond by expanding local production.
In September, reports indicated that the company was taking steps to expand in Southeast Asia beyond Thailand.