By Sadig Javadov

Copyright trend

BAKU, Azerbaijan, September 24.​ Azerbaijan’s
Ministry of Economy discussed potential collaboration with the
Chinese BYD company, focusing on business partnership opportunities
and knowledge exchange, Azerbaijani Economy Minister Mikayil
Jabbarov said in a post on his official X page, Trend reports.

“During our meeting with Tian Chunlong, General Director of the
Commercial Vehicles Department at BYD, we explored new
opportunities for partnership with Azerbaijan, focusing on
knowledge-sharing and capacity-building.

We underscored the importance of investing in new production
areas to strengthen the value-added chain, and reviewed the
progress of the electric bus localization project in the Sumgait
Industrial Park, along with the objectives set for the coming
period,” the post reads.

BYD (Build Your Dreams) is a Chinese multinational manufacturing
firm established in 1995, originally as a rechargeable battery
manufacturer, which subsequently diversified into electric vehicles
(EVs), renewable energy, and rail transit systems. The company,
headquartered in Shenzhen, China, is vertically integrated and
concentrates on the development and application of innovative
energy technologies to deliver zero-emission solutions. BYD
provides an extensive array of products, encompassing electric and
plug-in hybrid vehicles, buses, batteries, and electronic
components.

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