BYD Auto starts building a new battery plant in China

Corporate developments

To be completed early in 2024 and would employ 6,000 people when fully operational, generating an expected annual revenue of around CNY16 billion

Eyeing higher growth globally in the zero-emission vehicle markets, Chinese electric makers (EV), and BYD Auto start work on a new electric vehicle (EV) battery plant in Wenzhou, Zhejiang province.

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