BYD to Invest $1.3 Billion and Build a EV Plant in Indonesia

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BEIJING, January 18 (TMTPost)-- China's No.1 electric vehicle (EV) manufacturer BYD Co. Ltd is doubling down expansion in Southeast Asia.Credit：Visual ChinaBYD will invest US$1.3 billion in Indonesia, including establishment of a new EV plant in Southeast Asia’s biggest economy, Indonesia’s Coordinating Economic Minister Airlangga Hartarto said at a launch event on Thursday. The minister said the ma