Another Adelaide EV manufacturing announcement as Evant and BYD sign MoU

China’s BYD Co and Adelaide’s Evant have signed a memorandum of understanding to import and adapt electric vehicles, with an aim to increasing the amount of local content in the vehicles over time.

The Driven reports that Evant, a joint venture between Fusion Capital and Nexport, will import BYD’s EVs and adapt them for the Australian market. Three models will be imported, an SUV, mid-size SUV and family sedan, and as early as 2020.
“This is an exciting period in the evolution of Australian manufacturing, and we need to harness the opportunities that this can present,” said Evant head Christian Reynolds, whose background includes being a former manufacturing director at Tesla.
“We have been working on this project for over three years having identified a gap in the Australian manufacturing landscape which is now maturing at a significant rate.”
BYD is the world’s largest producer of electric cars, selling as many as 30,000 a month in China alone, according to a Bloomberg profile of the company.
This announcement follows news that ACE-EV plans to begin assembly of electric light commercial vehicles in Wingfield, Adelaide in 2020, signing an MoU with Aldom Body Builders this week. As with Evant, they have a goal of building their Australian supply chain as volumes increase.


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