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BYD to build new EV battery factory in China’s Bengbu, Auto News, ET Auto

BYD to build new EV battery factory in China’s Bengbu, Auto News, ET Auto

by admin
December 22, 2020
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 Total investment for Shenzhen-based BYD's new factory will be 6 billion yuan ($916.55 million), it said.
Complete funding for Shenzhen-based BYD’s new manufacturing unit shall be 6 billion yuan ($916.55 million), it mentioned.

BEIJING: Electrical automobile (EV) maker BYD has agreed to construct a brand new EV battery manufacturing unit within the jap Chinese language metropolis of Bengbu.

It should have an annual manufacturing capability of 20-gigawatt hours (GWh), the town’s authorities mentioned in an announcement on Tuesday.

Complete funding for Shenzhen-based BYD’s new manufacturing unit shall be 6 billion yuan ($916.55 million), it mentioned.

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