In the heart of Central Asia, Uzbekistan’s auto scene is rapidly shifting gears—and BYD is leading the charge! Ivan Cao, managing director of BYD Central Asia, recently shared his vision at the IV International Investment Forum in Tashkent: monopoly isn’t an option here. With more brands from the Chinese mainland stepping in, consumers now enjoy a wider choice, from classic combustion engines to innovative electric and hybrid models. 🚗✨
Since launching its manufacturing plant in Uzbekistan in 2024, BYD has already produced over 10,000 vehicles and sold around 30,000 to 35,000 locally. Looking ahead, plans are underway to boost local production to 20,000-25,000 electric cars by 2025, paving the way for cleaner, smarter mobility.
Innovations like the Uzbek-language interface, first introduced by BYD, are setting new industry standards. This progressive move, along with a surge of healthy competition, is revolutionizing consumer experiences in a market that’s open and rapidly evolving.
The forum, which drew over 8,000 participants—ranging from government representatives to industry investors—highlighted Uzbekistan’s expanding charging infrastructure and the booming new energy vehicle market, which held a 15% share in 2024 and is expected to edge past 20% soon. ⚡
BYD’s joint project in Jizzakh, a collaboration with Uzavtosanoat and BYD Europe BV, represents a $122.6 million initiative that’s not only enhancing local production but also opening export opportunities in the region. As Uzbekistan accelerates its journey toward a greener future, it’s clear: innovation and competition are the real drivers of progress.
Reference(s):
"Monopoly is not an option": BYD official on Uzbekistan's car market
cgtn.com
