# BYD breaks ground on $2.36B NEV parts industrial park in Xi'an

BYD began construction of a new industrial park for NEV components in Xi'an, China, on December 5, 2021, with a total investment of 15 billion yuan ($2.355 billion) and scheduled to start operation in 2024.

- Type: New facility
- Announced: 2021-12-06
- Where: Xi'an, Shaanxi, China
- Value: $2.35B (15.0B CNY)
- Starts operating: 2024
- Status: under construction
- Capacity: production value of around 70 billion yuan per year
- Products: EV powertrain, electric motors, gearwheels, electric control units, brakes, power supplies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/ev/byd-breaks-ground-on-nev-parts-industrial-park-in-xian-70019280), 2021-12-06: "BYD saw the construction of a new industrial park dedicated to NEV component production commence on Dec. 5 in Xi'an"

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