BYD’s first $130mn EV battery plant gets off ground in Vietnam - News Summed Up

BYD’s first $130mn EV battery plant gets off ground in Vietnam


Representatives of Kim Long Motor and BYD Battery make a symbolic gesture to break ground for the first BYD EV battery manufacturing plant in Vietnam, January 27, 2026. Photo: Nhat LinhThe signing ceremony and groundbreaking took place at the Kim Long Motor automobile manufacturing and assembly industrial park in Hue City, central Vietnam. Meanwhile, Vietnam's Kim Long Motor will invest in the construction of a new energy battery factory. The factory will be located in the Kim Long Motor automobile manufacturing and assembly industrial park in Chan May - Lang Co Commune. The batteries will be integrated into commercial electric vehicles manufactured by Kim Long Motor under the ‘Made in Vietnam’ brand.


Source: Tuoitre News January 27, 2026 22:22 UTC



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