The Philippines, Thailand and Indonesia compete with each other and want to make the Chinese electric vehicle giant BYD set up factories in the local area.
Bloomberg News reported on Friday (February 24) that the Philippine Trade Deputy Minister Rodaurff said in an interview on Wednesday (February 22) that China Electric Vehicle Giant BYD was launched with the Philippines."" ".
Rodaurf, who also led the Philippine Investment Commission, said that BYD inspected the possible location of the local factories during the visit of the Philippines at the end of last year.Essence
Director of the Philippine International Investment Promotion Bureau, Domen Doro, said that BYD builds its first electric vehicle production plant in Southeast Asia in Thailand. It is currently discussing a new factory.The total assembly plant of imported car components.
A spokesman for BYD said that the company had no relevant information to disclose.
The report quoted anonymous insiders that BYD was negotiating with Indonesia's official investment in the construction of electric vehicle factories in Indonesia.
The person familiar with the matter said that the Indonesian government provides a series of duty -free periods, incentive measures, and battery raw material acquisition channels to win BYD to Indonesia instead of expanding factories in neighboring countries such as Thailand.
BYD did not immediately reply to Bloomberg's inquiries about setting up factories in Indonesia.
