The EVs will be used for public transport, according to Argentina's Industry Ministry.

Besides electric vehicles, the Chinese company will make lithium batteries used in cell phones and laptops.

The EVs and batteries will be sold in Argentina and other South American countries including Brazil, Argentina, Paraguay and Uruguay.

Further details on the production facility and vehicles to be built in Argentina have yet to be made available.

BYD, located in the south China city of Shenzhen, makes gasoline cars as well as plug-in hybrid vehicles and EVs.

To date, the Chinese company has sent its electric vehicles to participate in demonstration programs in Israel, Spain, Germany and the United States.