BYD launches its premium electric vehicle brand DENZA in Thailand to capture the luxury market.

BYD, the Chinese electric vehicle manufacturer, has launched its premium brand DENZA in Thailand, aiming to penetrate the luxury automotive market. This launch is significant for Thailand’s electric vehicle industry, as the country targets 30% of auto production to be electric by 2030. With previous sales of 56,000 EVs in Thailand, BYD sees DENZA as a strategic move to enhance its global presence, supported by favorable government initiatives.

November 02, 2024
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