President of Uzbekistan supports BYD’s plans to expand its operations in our country

President of Uzbekistan supports BYD’s plans to expand its operations in our country
Tashkent, Uzbekistan (UzDaily.com) -- On 26 June, as part of a trip to Jizzakh region, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received the CEO of BYD Wang Chuanfu.
The successful activities of the joint venture for the production of hybrid and electric cars in Jizzakh were noted with deep satisfaction. On this day, the first electric car rolled off the assembly line of the plant.
At the first stage of the project, US$160 million was invested and 1.2 thousand jobs were created. The company has organized high-tech production, including welding, painting and assembly.
President Mirziyoyev emphasized the need to expand the model range in the near future and increase production capacity to 500 thousand cars per year.
Particular attention was paid to projects for localizing components and spare parts to reduce production costs, as well as organizing the export of cars to the markets of Central Asia and the CIS.
The company’s plans to participate in the project to develop "green" transport in Uzbekistan were also supported. This includes the creation of a joint innovative research center for training personnel, the development of technical regulations and standards for electric transport, as well as the production of the latest generation Blade batteries and BYD electric buses.

• meeting
• Uzbekistan
• BYD
• CEO
• operations
• Jizzakh
• expansion
• joint venture
• hybrid cars
• electric cars