Buenos Aires, October 9, 2025 – Chinese electric vehicle (EV) giant BYD has officially launched its sales operations in Argentina, marking a significant milestone in the company’s strategic push across South America.
The move comes as Argentina implements new import duty exemptions for electric and hybrid vehicles, providing strong incentives for global automakers.
Stephen Deng, General Manager of BYD Argentina, said the company’s initial lineup includes the Yuan Pro all-electric SUV, Song Pro plug-in hybrid SUV, and Dolphin Mini compact EV—all priced below USD 16,000 before tax. These models will benefit from Argentina’s new policy allowing duty-free import of up to 50,000 electric and hybrid vehicles by 2026.
Under current trade regulations, automakers without local manufacturing facilities face a 35% import tariff. However, the new exemptions are expected to reduce costs and accelerate EV adoption. Deng told Reuters that BYD has already received approval to import about 7,800 vehicles under this policy.
Industry analysts highlight that Argentina’s EV penetration remains low—just 0.12% of total vehicle sales in 2025. Still, BYD’s entry could help catalyze the country’s transition toward clean mobility.
Having already established operations in Brazil, Chile, and Uruguay, BYD sees Argentina as a key market in its South American “EV corridor.” Experts believe that BYD’s success will hinge on its ability to build charging networks, strengthen after-sales services, and sustain competitive pricing amid rising global EV rivalry.