BYD Launches Denza In Cambodia With Flagship Showroom: Report
Portfolio Pulse from Nabaparna Bhattacharya
BYD Co., Ltd. (OTC:BYDDY) has launched its premium NEV brand Denza in Cambodia with the opening of its first flagship showroom in Phnom Penh. The showroom spans nearly 600 square meters and includes various service areas. This marks Denza's first local delivery of the D9 MPV in Cambodia. Additionally, BYD plans to establish an EV plant in Cambodia capable of assembling 20,000 vehicles annually.
July 19, 2024 | 2:07 pm
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BYD Co., Ltd. (OTC:BYDDY) has launched its premium NEV brand Denza in Cambodia with a new flagship showroom in Phnom Penh. This move marks Denza's first local delivery of the D9 MPV and includes plans to establish an EV plant in Cambodia.
The launch of Denza in Cambodia and the opening of a flagship showroom is a significant step for BYD, indicating potential revenue growth and market expansion. The announcement of an EV plant further solidifies BYD's commitment to the region, likely boosting investor confidence.
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