- China’s leading electric vehicle manufacturer, Build Your Dreams, is gearing up to expand into Rwanda.
- BYD’s expansion into Rwanda is part of its broader global growth and export expansion strategy.
China’s leading electric vehicle manufacturer, Build Your Dreams (BYD), is gearing up to significantly expand into Rwanda, building on its successful attempt into Kenya two years ago. This strategic move aligns with Rwanda’s commitment to sustainable development and provides BYD with a valuable opportunity to extend its range of electric models in the African market. BYD expressed its enthusiasm to lead in innovation and environmental responsibility in Rwanda. The country’s dedication to sustainable growth complements BYD’s vision for a greener future, making it an ideal market for introducing BYD’s stylish electric models.
The firm’s expansion into Rwanda is part of its broader global growth and export expansion strategy. In 2023, the company witnessed a substantial increase in its presence in international markets, with exports surging by 334.2 per cent to 242,765 units. BYD is in 70 countries across six continents, supported by its technological expertise and commitment to delivering efficient and environmentally friendly mobility solutions. Also, the company’s success in the African market is evident through its partnerships and ventures. BasiGo, an early adopter of electric transit services in East Africa, operates BYD buses and expanded its services to Rwanda in response to the country’s fleet shortage in July 2023.
In Kenya, Associated Vehicle Assemblers (AVA) announced plans to assemble 130 BYD electric vehicles in March 2023, while BasiGo partnered with AVA in January to assemble buses in Mombasa. BYD’s entry into the South African market in July 2023 marked another milestone, with the launch of the Standard Range and Extended Range variants of its Atto 3 model. The company continued its expansion in November, extending its presence from the provinces of Gauteng and KwaZulu-Natal to the Northern Cape.