BYD Joins Korea Imported Car Association as New Member

BYD becomes a new member of KAIDA
Expanding its presence in Korea with three electric vehicle models this year

The Korea Imported Automobile Dealers Association (KAIDA) announced on the 19th that Chinese electric vehicle manufacturer BYD has newly joined as a member company.

BYD is a global company that started with battery manufacturing and has rapidly grown into the electric vehicle sector. It entered the Korean market in 2016 with its commercial vehicle division. This year, BYD is expanding its business area to the passenger car sector and plans to launch a total of three electric vehicle models, starting with the compact electric SUV BYD Atto 3, followed by the mid-size electric sedan BYD Seal, and the mid-size electric SUV BYD Sea Lion 7.

The BYD Sealion 7 is being unveiled at the 'BYD Brand Launch Media Showcase' of the Chinese electric vehicle brand held last January at Incheon Sangsang Platform. Incheon - Photo by Kang Jin-hyung

Jung Yoon-young, Vice Chairman of KAIDA, said, "We are pleased that BYD, which officially entered the Korean imported passenger car market this year, has joined KAIDA as a new member company. KAIDA, celebrating its 30th anniversary this year, will continue to work steadily with all member companies for the sustainable development of the Korean imported automobile market and the advancement of the automotive industry."

Established in 1995, KAIDA currently consists of 22 member companies representing 29 brands: 18 companies with 25 brands of imported passenger cars officially imported and sold domestically, and 4 companies with 4 brands of imported commercial vehicles. On its 30th anniversary this year, KAIDA announced the slogan "Opening the Future with Innovation and Diversity."

This content was produced with the assistance of AI translation services.