Chinese automaker BYD plans to expand operations in South Africa, aiming to triple its dealer network by 2026.
BYD is targeting to dominate the market for 'NEVs' (neighborhood electric vehicles) in South Africa, considering the growth potential in the region.
BYD has identified Africa as a promising market due to its development potential and is focusing on offering relatively affordable electric vehicle options.
BYD aims to educate and cultivate the South African market for EVs, acknowledging the rising interest in electric vehicles in the region.