Chinese electric car manufacturer BYD opened a factory in Indonesia located in the independent city of Subang Smartpolitan. BYD is said to be the largest tenant in Subang Smartpolitan, occupying an area of more than 108 hectares.
This marks a monumental achievement for Subang Smartpolitan, especially in the sale of industrial land.
“We are very happy to welcome BYD to Subang Smartpolitan. “BYD’s presence in Subang Smartpolitan is clear evidence of the attractiveness of our area as a leading industrial center, especially in the automotive sector,” said VP Sales, Marketing & Tenant Relations of Subang Smartpolitan Abednego Purnomo in his statement last week.
BYD’s large investment in Subang Smartpolitan is predicted to be a catalyst for significant economic growth in Indonesia. This EV factory will not only create thousands of new jobs, but also increase the transfer of technology and expertise in the field of EV manufacturing.
Abednego said that he was optimistic that BYD’s presence would attract further investment to Indonesia and open the gates for more global companies to set up their manufacturing bases in the region.
He said that currently Subang Smartpolitan is handling many inquiries from the EV industry and most of them come from China.
Also read: A glimpse of BYD’s history, starting from a battery manufacturer
BYD plans to build a comprehensive EV ecosystem in Subang Smartpolitan, including a research and development center and training facilities equipped with the latest energy-saving and environmentally friendly technology.
The land handover between Subang Smartpolitan and BYD will take place in August 2024. BYD plans to carry out construction operations in stages and is expected to start operating in January 2026.
“Through various assessments, BYD has determined that the Subang Smartpolitan industrial area is suitable as a location for BYD’s EV industry development in Indonesia,” said President Director of PT BYD Motor Indonesia Eagle Zhao. According to him, this industrial area meets the criteria in terms of size, distance, environment and infrastructure needs.
BYD will set up its factory in the Subang Smartpolitan Phase 2 area, precisely in the northern part of the area. This strategic location will facilitate access to and from the factory, with the main toll exit from the Cikopo-Palimanan (Cipali) Toll Road at KM 89 towards Subang Smartpolitan coming soon. (Z-8)
#BYD #Opens #Production #Factory #Subang #West #Java
