BYD Announces $894.2 Million Investment in New Energy Vehicle Factory
BEIJING, July 8 (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to invest 6.5 billion yuan ($894.2 million) in a new factory dedicated to producing core parts for new energy vehicles. This significant investment aims to bolster the manufacturing capacity of BYD’s existing facility in Shenzhen, as reported by state-backed Securities Times … Read more