Chinese electric vehicle manufacturer BYD has been authorized through Presidential Executive Order to become a local auto manufacturer in Argentina. As such, BYD plans to contribute towards sustainable development, offering electric mobility solutions.
Through the introduction of cutting edge technology, currently nonexistent in the country, the company aims to generate jobs, contributing to social, environmental and industrial development.
BYD will partake in the transformation of urban bus fleets in Argentina through the installation of a 100% electric bus plant, with the goal to reduce harmful noise and gas emissions in urban centers; a step towards reform of the grim worldwide pollution caused by automotive transportation. The timing of the new plant goes hand in hand with investment policies displayed in the country in terms of sustainability and renewable energy projects.
In Argentina, BYD began its development plan in 2011 during a visit from CEO and founder Wang Chuanfu, who signed an MOU with the Ministry of Industry and Transportation. The memorandum laid the foundation of the company’s intent for local manufacturing of electric vehicles. In 2013, BYD initially applied for approval of its noise emission technologies to the Secretary of Environment and Sustainable Development and in April 2017 became the first company to obtain a LCM (Model Configuration License) for its Pure Electric Urban Buses.