SHENZHEN, CHINA (2/18/2022) – Shenzhen, China & Tashkent, Uzbekistan, – BYD Auto Industry Co Ltd (BYD) and UZAVTOSANOAT JSC (UzAuto) signed a strategic Memorandum of Understanding (MOU) to develop, produce and popularize New Energy Vehicles (NEV) in Uzbekistan.
The MOU was signed on Feb. 16 during an online ceremony led by Michael Shu, General Manager and Managing Director, BYD Europe, and Urmzakov Shavkat, Chairman of the Board of UzAuto in Uzbekistan.
MoU signing ceremony between BYD and UzAuto
BYD, the world’s leading NEV manufacturer, has more than 26 years’ experience in battery research and development, and is renowned globally for its pioneering innovations in this field. BYD is the only NEV producer to have developed its own powertrain systems, power batteries, automotive semiconductors drive-motors and motor controller systems. It is also one of the first manufacturers in the world to produce one million electric passenger cars.
UzAuto is the largest and only manufacturer in Central Asia to offer a full range of vehicles. UzAuto has a longstanding heritage spanning several decades. During this time, it has established an excellent reputation within the industry, achieving a significant market share in Uzbekistan and the neighbouring region. UzAuto has a strong sales and after-sales network, and has gained recognition for outstanding service.
BYD representatives at the virtual signing ceremony
Michael Shu, General Manager and Managing Director, BYD Europe and International Cooperation Division, said: “We are delighted to commence this strategic cooperation between our two forward-thinking companies, sharing our likeminded values, objectives and vision for the future, promoting the merits of low-carbon travel in addressing climate change. BYD will provide world-leading technologies and integrated eco-solutions to promote NEV development in Central Asia and beyond.”
UzAuto representatives at the MOU signing.
Umurzakov Shavkat, Chairman of the Board, UzAuto, said: “Today is an important day for the Uzbekistan automotive industry as it demonstrates our country is moving to a new stage of development. This Memorandum of Understanding with BYD means that UzAuto is ready to take all necessary measures to start the implementation of new energy vehicles. We are looking forward to a successful and mutually beneficial cooperation.”
Together BYD and UzAuto look forward to developing and producing sustainable and practical new energy vehicle solutions that are kind to the planet, while excelling in safety, performance and efficiency. This MoU is core to a new era of sustainable transport, laying the foundations for the mass rollout of new energy vehicles, supported via efficient sales channels and after-sales services.
About UzAuto
Uzavtosanoat JSC is a company that controls automobile manufacturing enterprises and automobile localization and auto components enterprises. In addition, the structure of the company includes a dealer network in Uzbekistan and the CIS countries, educational institutions, a leasing company and enterprises for the production of consumer goods.Uzbekistan today is the only manufacturer of a full range of passenger cars and commercial vehicles in Central Asia. Currently, there are over 85 enterprises operating in the industry, which are part of the company, as well as cooperation with more than 200 foreign enterprises and organizations.
About BYD
The Official Sponsor of Mother Nature™, BYD, the world’s leading electric vehicle company, is dedicated to creating a “total solution.” Globally, BYD has committed to corporate social responsibility, deeply monitoring our supply chain in terms of human rights, environmental safety, hazardous substance control and intellectual property rights. We only select suppliers who share our commitment to just labor practices, human rights standards and the environment. For more information, please visit https://byd.com/ or follow BYD on LinkedIn, Twitter, Facebook and YouTube.
Contact:
Asia-Pacific: Mia Gu, mia.gu@byd.com tel: +86-755-8988-8888-69666
Europe: Penny Peng, penny.peng@byd.com tel: +31-102070888
North America: Frank Girardot, frank.girardot@byd.com tel: +1 213 245 6503
Latin America: Sofίa Mardones, sofia.mardones@byd.com tel: +56 9 9821 6851
Brazil: Adalberto Maluf, adalberto.maluf@byd.com tel: +19 3514 2554
