Kim Woo Financial News | According to reports, BYD (01211) plans to officially sell its passenger cars in South Korea in early 2025. According to the report, BYD is actively preparing to build a sales and service network, recruit professionals, and begin formulating marketing strategies, employee training, and vehicle certification work to ensure a smooth entry into the local market.
The company underwent evaluation tests authorized by the Korean Environmental and Industrial Department in June, including certification reviews on various aspects such as driving noise, charging range, and energy efficiency, and plans to sell electric vehicle brands locally, including the small hatchback “Dolphin” and the mid-size sedan “Seal”.