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The new Brazilian factory is the largest electric vehicle production facility in Latin America and BYD’ s largest facility outside Asia. When completed, the complex will manufacture the brand’ s main models.
During a meeting with President Lula, Mr Wang confirmed a new investment to expand the factory and double its annual production capacity, from the planned 300,000 vehicles to up to 600,000 units per year.
Backing Brazil Stella Li said:“ BYD believes in the growth potential of the Brazilian market, has long-term plans for a population that deserves increasingly better vehicles, and will continue to invest to help boost the economy, create jobs, and train the workforce. This factory is 100 % Brazilian, created so that Brazilians have access to better, more modern, connected, technological and sustainable cars.”
Tyler Li said:“ Ethanol is one of Brazil’ s greatest strategic advantages in the energy transition.“ Incorporating it into our DM-i architecture represents a historic advance: we value the national renewable energy matrix, in addition to offering consumers a vehicle with greater efficiency, lower environmental impact and aligned with the country’ s energy reality. It is a crucial step toward consolidating Brazil as a global leader in sustainable mobility.”
In Brazil, BYD has expanded its dealer network to more than 200 stores, including sales points in all states, capitals and major cities, and plans to reach 250 outlets in early 2026.
108 March 2026