BYD Co., Ltd. (OTC:BYDDY), a Chinese new energy vehicle (NEV) manufacturer, has officially entered the Omani automotive market, marking a significant step in its expansion into the Gulf region.
The company recently held a brand launch in Muscat, Oman, and opened three local stores, CnEV Post reports.
As part of this launch, BYD introduced five models to the Omani market: Han, Yuan Plus, Seal, Song Plus DM-i, and Qin Plus DM-i, all of which align with the country's push for sustainable development under its Vision 2040.
The launch in Oman underscores BYD's commitment to promoting green mobility and supporting the region's transition to electric vehicles.
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AD Huang, general manager of BYD Middle East & Africa, highlighted the alignment between the company's goals and Oman's sustainability objectives, according to the CnEV Post report.
In other news, BYD is reportedly on track to achieve a major sales milestone, with the company forecasting 4.25 million units sold in 2024.
This suggests that the company is on pace to sell around 500,000 vehicles in December, CnEV Post adds.
In November, BYD sold 506,804 NEVs, marking its second consecutive month of over 500,000 units sold.
Year-to-date, BYD's cumulative sales reached 3.76 million units, reflecting a 40% year-on-year growth.
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