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On July 15, Cambodian Prime Minister Hun Manet announced on social media that he had met with Liu Xueliang, general manager of the Asia-Pacific automotive sales division of Chinese automaker BYD. BYD plans to invest in setting up an electric vehicle assembly plant in Cambodia, with an estimated annual assembly capacity of 20,000 vehicles. Hun Manet said that BYD electric vehicles assembled in Cambodia will not only be supplied to the domestic market, but will also be exported to other countries and regions.

Earlier, Hong Manet said at the "National SME Day" event held in June that BYD's investment plan will help diversify Cambodia's economic resources and production chains. It is hoped that large companies investing in Cambodia will establish connections with SMEs and incorporate them into the supply chain.

Hong Wana, an economist at the Royal Academy of Cambodia, believes that if the assembly plant is successfully built, it will greatly enhance Cambodia's international image. Driving economic development through factory construction will help the country increase tax revenue and create more jobs. Hong Wana pointed out that although automobile assembly work requires high technical skills, Cambodia has trained a large number of workers in recent years and the human resources are sufficient for assembly work. "These factories will create jobs in different levels of technology and absorb a large number of workers." He added that the local production and assembly of electric vehicles will also allow Cambodian people to enjoy more favorable prices when buying cars.

Kadaan, spokesman for the Ministry of Labor and Vocational Training of Cambodia, said: "The production of electric vehicles will not only promote the development of Cambodia's industry, but also provide a wide range of employment opportunities for young people. In particular, young people who are receiving vocational and technical education will have the opportunity to enter this emerging industry, which is in line with the government's policy goal of cultivating a young workforce with professional skills and employment counterparts."

In order to build Cambodia's electric vehicle ecosystem and serve the country's goal of achieving carbon neutrality by 2050, the Cambodian government has formulated the Electric Vehicle Development Policy (2024-2030). The policy aims to establish and develop a comprehensive electric vehicle ecosystem in stages, including attracting investment to set up electric vehicle assembly plants, parts manufacturing plants and electric vehicle charging station networks in Cambodia. By 2030, the government plans to increase the total number of electric vehicles to 30,000, of which 25,000 will be household electric vehicles and 5,000 will be commercial electric vehicles.

Statistics from the Ministry of Public Works and Transport of Cambodia show that as of June this year, the number of electric vehicle registrations in Cambodia was only 1,614, but the number of new registrations in the first half of this year was more than five times that of the same period last year, a growth rate of 508%. The three most popular electric vehicle brands in Cambodia are BYD from China, Toyota from Japan and Tesla from the United States.

Chinese companies such as BYD are actively expanding in Southeast Asia, and their influence in the region is growing. In Thailand, BYD has established an automobile manufacturing and assembly plant, which officially started production on July 4, with an annual production capacity of 150,000 vehicles and is expected to create 10,000 jobs. In Indonesia, BYD has selected the industrial park "Subang Smart City" as the site for its electric vehicle factory, which covers an area of ​​more than 108 hectares and is expected to start operations in January 2026.

In Myanmar, with the continuous rise in fuel prices and the increase in people's awareness of environmental protection, more and more people are beginning to choose electric vehicles as their main means of transportation. Electric vehicles have won wide favor among consumers with their significant advantages such as environmental protection, energy saving, convenient maintenance and low noise. At present, the Myanmar Ministry of Industry is taking the lead in promoting relevant measures and plans to gradually replace traditional taxis and buses with electric vehicles. The Myanmar government stipulates that from February 1 this year, all imported electric vehicle brands must open brand showrooms in Myanmar to enhance the communication effect and encourage people to learn about electric vehicles. At present, many Chinese automobile brands such as BYD, SAIC MG, GAC, Changan, Wuling, etc. have set up showrooms in Myanmar.

Chinese electric vehicles have set off a "new trend" in Southeast Asia, which not only demonstrates the internationalization strategy of Chinese companies, but also reflects China's leading role in the global promotion of green energy technologies. China is actively and steadily promoting carbon peak and carbon neutrality, and is continuously promoting green energy technologies to help achieve the common goal of sustainable development in the region. This process not only strengthens economic cooperation between China and Southeast Asian countries, but also opens up new growth channels for the economic development of these countries, which will help countries in the region move towards a green and low-carbon future together.

Column Editor: Qin Hong Text Editor: Song Yanlin Title Image Source: Xinhua News Agency Picture Editor: Xu Jiamin

题图说明：7月18日，在印度尼西亚万丹省唐格朗的印尼会展中心，人们参观2024年印尼国际汽车展上的中国汽车品牌比亚迪展台。

Source: Author: Guangming Daily