this is a story about a company called byd. they are going to open many new stores in vietnam to sell their electric cars. they want to compete with another car company called vinfast. right now, byd is only selling 3 types of cars, but they plan to sell 6 types of cars by october. their cars are a little bit more expensive than vinfast's cars. last year, vinfast sold more electric cars than byd, but byd is the biggest maker of electric cars in the whole world. people think that in the future, more and more people will buy electric cars in vietnam. Read from source...

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- BYD is ramping up its presence in Vietnam, aiming to expand its car dealerships from 13 locations to 100 by 2026. This move is seen as an attempt to compete with local rival VinFast Auto Ltd. The company is in talks with several localities in Vietnam to optimize its plant plans, according to Reuters.
- BYD's initial three-model product lineup in Vietnam will expand to six in October. For now, all BYD models destined for Vietnam will be imported. Last year, the Vietnamese government announced BYD's intention to construct an electric car factory in the northern region. Progress on those plans has since stalled.
- The Atto 3 will start at 766 million dong ($30,300), slightly above the 675 million dong entry price of VinFast's VF 6.
- BYD and VinFast have both shifted away from gasoline-engine vehicles, focusing on electric vehicles. BYD has outperformed its Vietnamese counterpart, emerging as the world's largest electric car manufacturer. Last year, VinFast sold 32,000 EVs in Vietnam, primarily to a related entity.
- According to a May report by HSBC, Vietnam's annual sales of electric two-wheelers and electric cars could increase from under one million in 2024 to over 2.5 million by 2036.