Chinese EV maker BYD hits the brakes on Vietnam factory plans

Chinese EV maker BYD hits the brakes on Vietnam factory plans

The BYD EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo

Chinese electric vehicles maker BYD has slowed down its plans to build an EV factory in Vietnam, a manager of the industrial park where the plant would be built told a shareholders meeting on Thursday.