BYD builds EV battery production base in Huizhou

BYD builds EV battery production base in Huizhou

 

http://autonews.gasgoo.com/auto-news/1011841/BYD-builds-EV-battery-productio
n-base-in-Huizhou.html

 

Shanghai, August 20 (Gasgoo.com) China's battery and electric car maker BYD
Co. said that it has built an electric vehicle battery production base in
Huizhou, a city of southern China's Guangdong province, xinhuanet.com
reported today.

 

This 5-billion-yuan ($732 mln) facility, located in the BYD Huizhou
Industrial Park, is one of the nine manufacturing bases that BYD plans to
build across China for making cell-phone components, rechargeable batteries
and auto parts.

 

BYD's Huizhou battery plant will focus on producing the company's ferrous
batteries as its core technology for electric vehicles. The facility is
ready for operation and will play a key role in boosting the mass production
of the BYD electric cars.

 

Earlier this month, BYD Co. reached an agreement with Shanghai-based SAIC
Motor to supply the Chinese auto giant with lithium-ion batteries for hybrid
vehicle production. 

 

In May, Volkswagen formed a partnership with BYD Co. to jointly develop
hybrid and electric vehicles powered by lithium-ion batteries.

 

BYD said it was bullish about sales of its F3DM plug-in hybrid car, after
China's industry regulators recommended the energy-efficient model as
eligible for government subsidies.

 

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