# BYD to build $770M auto parts plant in Shenzhen

BYD signed a strategic cooperation agreement with Shenzhen to invest RMB 5 billion ($770 million) in a parts factory for R&D and production of auto parts and related industries. The plant will cover nearly one square kilometer, built in two phases, with an annual output value of about RMB 10 billion.

- Type: New facility
- Announced: 2021-08-13
- Where: Shenzhen, China
- Value: $770.0M (5.00B CNY)
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BYD](https://endata.com/companies/9720.md)

## Sources

- [cnevpost.com](https://cnevpost.com/2021/08/13/byd-to-build-770-million-parts-plant-in-shenzhen/), 2021-08-13: "BYD and the southern Chinese megacity of Shenzhen signed a strategic cooperation agreement Friday to invest RMB 5 billion ($770 million) in a parts factory."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.