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BYD to build industrial park in Xiangyang for power battery and NEV parts · Endata

◂ Announcements

Jan 27, 2022NEW FACILITYXiangyang, Hubei, China

BYD to build industrial park in Xiangyang for power battery and NEV parts

BYD signed an agreement with Xiangyang municipal government to build an industrial park for power battery and NEV component production. The first phase involves a 10 billion yuan investment for 30GWh annual capacity of battery cells and modules.

Value

$1.58B (10.0B CNY)

Status

Announced

Capacity

30 GWh per annum (first phase)

Productspower battery cellsbattery modulesNEV components

CompaniesBYD

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“We expect BYD to further strengthen its investment deployment in Hubei province, and step up the partnerships with local players in ICV and NEV industries.”autonews.gasgoo.com

1 source
autonews.gasgoo.comBYD to build industrial park in Hubei’s Xiangyang for power battery, NEV parts production | GasgooMonikaJan 27, 2022

Summarized from public sources; check the original articles before acting on it.

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