BYD Discloses Progress on Shaoxing Battery Production Base
Chinese electric vehicle maker BYD on Tuesday disclosed recent progress on its new energy power battery production base in Shaoxing, Zhejiang Province. The total investment of the project is about 13 billion yuan ($1.93 billion), covering an area of about 1,800 mu (1.2 square kilometers), and the estimated annual output value will exceed 20…