BYD to double Brazil production capacity to 600,000 vehicles a year

BYD aims to double annual vehicle production capacity at its Brazil plant to 600,000 units. The company plans to source more than 50% of components locally by 2027 and start regional exports. It targets becoming Brazil's top automaker by 2030.

• Target capacity at the Brazil plant is 600,000 vehicles a year
• Local component sourcing to exceed 50% by 2027
• Demand in Brazil averages about 30,000 cars a month
• BYD aims to deliver 25,000 vehicles a month by end of 2026